Tbe price of uranium at the latest auction is off 25 cents, adding to the -$1.25 earlier in the month. These changes after a nice run up, but upward pressure may return in the New Year.

Base and precious metals are recoving this morning after yesterday's sell off. Zinc, in particular, is looking good, being up quite strongly for the month.

Today's +2 percent is not shown above, yet.

The price of lead has tried 3 times in the last year to get over a dollar and stay there, but fallen back each time. A 4th breach of that level is about to happen.

Copper has been range bound the last few months.

With an easy money-type Liberal about the take over the Fed, metals should be surging soon. "Tapering" will continue to get lip service, IMO, or meaningless adjustments like the one a couple of days ago. With real unemployment levels still in recession mode, and with the velocity of money continuing to slow, the Fed is stuck.

IMO, if the Fed are to make any serious moves to improve the economy, it will be to accelerate bond buying to stimulate inflation, which increasing seems to be the only way out of this slow grind to the bottom. Watch for interest rates to trend down again soon.

...'nuf rampling for now.

VP