just back in time to catch the gorm megapivot, page-4

let AUd fall im hoping it finds a base ay 0.65, whilst copper finda a base at 2.6 and cobalt at 35. You have to love those figures bettter than when metal prices were at all time highes add to that the reduction of raw material prices and the profitability of oxides is better than it was before. Although dont know how far copper will drop it is an industrial metal and recession means a heavy sell off so dont know where the base will form. its just getting to complicated. OLY why do you belive metal prices will increase in this environment, precious metals i can understand but whats your reasoning behing base metals ?