Ivernia Inc IVWFF

RE: Record high Lead price coming?

[coach247]

LME inventories are dangerously low in most base metals. The spin masters are still working the angle that commodities have topped, but I cannot recall a single instance in the last century during which commodities peaked while inventories were in decline. I think we will see a new high for most of the metals, including lead, before we see any new lows. Cheers! COACH247