RE: getting interestingIn the past, I have tended to side with the broad thesis that a bull Cu/base metal market is an early indicator of an economic boom. The leading edge, if you like. But I am rethinking my position on this as I feel that much of what we are seeing in the metals markets is in large part being driven by the rapid development of infrastructure in Asia. So, IMHO, what we are seeing today is different from the economic cycles we tend to have gotten used to in our "Eurocentric/North Americacentric" view of the world. I really feel that what we are witnessing is bigger than that. I work with probably close to 30 people from the PRC and it is amazing to listen to them talk about how their home towns/cities/provinces are changing. This is putting a tremendous pressure on resources and I don't see much downside to the price of Cu for a good while yet. Now to put my *ss on the line, "I see at least $1.50 Cu for at least the next 2 years". To be even blunter, I have invested for laughs in this sector for about the last 12 years. I used to take the opinions of almost all analysts really seriously. Now I strongly believe that a great many of them are charlatans, really more like PR/promotional folk than anything else.
OK, now you can all flame me.