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Thursday, 06/22/2006 8:41:53 PM

Thursday, June 22, 2006 8:41:53 PM

Post# of 85
Copper Leads Metal Price Gains in London
on Supply Concerns



Copper Leads Metal Price Gains in London on Supply Concerns -
June 22 (Bloomberg) --

Copper futures rose more than 5 percent, leading metals higher
in London, on speculation that falling inventories and mine
disruptions will strain supply as demand grows.

Zinc climbed 4.1 percent.

Rising global interest rates, amid concern inflation is
accelerating, helped fuel an 8.7 percent decline in copper in
the past 11 days.

Supply disruptions may buoy prices in coming days, analysts
such as Andrew Cole at Metal Bulletin Research said.

Inventories dropped to their lowest since Feb. 3 today.

``There's a whole series of supply threats looming over the
summer,' said London-based Cole.
``People are beginning to focus on them and put the inflation
worries behind them.'

Copper for delivery in three months on the London Metal
Exchange rose as much as $400, or 5.9 percent, to $7,200 a
metric ton and traded at $7,105 as of 10:28 a.m. in London.

Zinc gained $111 to $3,040 a ton, aluminum added $25 to
$2,525 -

Nickel rose $50 to $20,000 and tin advanced $50 to $7,950.


Copper inventories tracked by the LME fell for the fourth day,
dropping by 1,250 tons, or 1.3 percent, to 97,325 tons.

Investors are concerned about supply disruptions at copper
mines in Chile, Mexico and Indonesia.
---

Do not let any volatility shake you out -

when the weak hands exhaust themselves -
we'll see the next waves up -

U.S. NATIONAL DEBT CLOCK

The Outstanding Public Debt -
as of 21 Jun 2006 at 12:26:19 AM GMT is:



Unless the United States gets all of its economic
house in order ? -

Gold will become the basic real money again -
(which Gold has been for 1000's of years)
and national currencies will only be money -
if backed by - Gold.

With the exception only of the periods of -

- The Great Gold Standard -

practically all governments of history -

have used their exclusive power to issue fiat money -

to defraud with totalitarian bureaucratic powers -
rob, plunder and to make slaves -
of most the people.





http://www.goldrush21.com/

http://www.usaidbolivia.org.bo/

http://www.investorshub.com/boards/board.asp?board_id=5406
In God We Trust.





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