cliffvb: BWLRF
If you bought 2K shares today, you might have bought them from me!
I read an article today at TheStreet.com to the effect that the metal bubble has burst and you don't want to be one of the last guys left in the game.
Right now, hedge funds and institutions think that metal and mining stocks are giving off a bad odor (sulfur?).
I don't know what to do. I have 3K left of BWLRF and there is no way I'll sell EZM. I'm thinking that if copper and zinc prices back off in a major way, perhaps EZM would do a takeover of BWLRF. That would make a lot of sense.
This thought has crept in my consciousness. Suppose that China is stockpiling metals and minerals like crazy, and at some point they stop buying in the world markets to a significant degree. Fifty-cent copper anyone? We have no way of knowing what China is doing with their purchases of commodies, except perhaps oil.
How do we know that China doesn't have a huge inventory of zinc? It is a Communist country for crying out loud. There is no public disclosure of what the Chinese government does have.
What I am saying is that anything could happen to the price of certain commodities and the easy money probably has been made for the next year or two.
News 
Market Data 
Discover 
AI
