PDA

View Full Version : base metals



kronos
15-11-2006, 11:47 PM
As a relatively new trader, and one whose focus is on Australian mining companies, in particular those extracting zinc and nickel from the earth, I`m unable to decide wether we are at the popint the of a real upward movement or one of a major correction? Does anyone have the information to answer that?
Cheers,

David.

whiteheron
16-11-2006, 08:30 AM
David

We seem to be in a pull back at present, but in my opinion all the necessary factors for a long term bull market in base (and precious) metals are still firmly in place

There is plenty of discussion on these matters available on the internet, via approptiate Google searches
Try some and see what you come up with
Try to get a comprehensive overview and understanding of the situation by reading both bullish and bearish articles

Note that this is just my opinion, but it has resulted from extensive research over more than the last 3 years