m & g selling accelerating, page-23

"world wide funds are selling off mining stocks AND REWIEGHTING THERE PORTFOLIOS."

don't believe everything you read. the big firms often release 'news' to persuade the retail market to do their bidding. for example, before this market 'correction', media outlets in the usa were telling people that although the dow was making record highs, it was far from exhausted.

another thing to note. while the big funds are 'apparently' selling off mining stocks, funds like JP Morgan are buying up __huge__ quantities of mining product.

New York Times: A Shuffle of Aluminum, but to Banks, Pure Gold

a paragraph near the end of the article reads:

At the same time, JPMorgan, which also controls metal warehouses, began seeking approval of a plan that would ultimately allow it, Goldman Sachs and BlackRock, a large money management firm, to buy 80 percent of the copper available on the market on behalf of investors and hold it in warehouses.

so I am inclined to think that the big funds are working hard to convince the retail market that mining resources are doomed, that they should sell out of the market before it collapses completely. all the while, the big funds are soaking up as many of those shares as they can get. the result will be that the funds control massive portions of the resource market, and that can't be a good thing.

remember. natural resources are and always will be limited.