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kipp440

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kipp440

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Thursday, 01/14/2010 7:17:57 PM

Thursday, January 14, 2010 7:17:57 PM

Post# of 35736
Base Metal Prices and Inventory???

http://www.kitcometals.com/charts/copper_historical_large.html#lmestocks_5years

If you scroll through the base metal prices and inventory charts you will see that LME inventories are steadily building AND prices are rising. This makes me a little nurvous. There is extreme bullishness out there and I'm not so sure a pullback isn't in the cards. A short squeeze on the US Dollar might do it.

Just thinking out loud here and wondering what you all are thinking?

Kipp
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