A tale of two metalsFirst, we have copper, which we have been told is subject to the potential slowing of the world's economy. As this line of reasoning goes, the copper price is all the proof that is needed to prove that commodities in general and base metals in particular are overpriced and will go into the toilet soon. Copper is the only base metal of importance as far as these pundits are concerned.
Second, we have zinc, lead, moly, uranium, silver, and other minerals which are showing a dramatic rundown in world inventories and for the most part higher prices.
The investment world has its biases and has focused mostly on the first of these two camps, while noticeably ignoring the second one. But for those who have their eyes open it is easy to see the glaring reality of polymetalic shortages and coming price spikes.
Capstone produces not only copper but also zinc, silver, and lead.