First gold, and it's printing $890/oz right now. I got a mail yesterday about the "Emperors with no clothes" post that said I was probably gloating too soon. That misses the point; I wouldn't hold gold if I thought it was going down. All that's being said here is the 3 month treasury bill is the place to look for direction on gold, not a bunch of tinfoil hatters and their ravings. This is the comparative post, and it's very simple, not brain surgery. Remember just one line to see where I'm coming from: Goldbugs give gold investors a bad name.
Now Zn, and this one from Reuters is just more confirmation about the current bottom. Adam Smith would approve.
Now Zn, and this one from Reuters is just more confirmation about the current bottom. Adam Smith would approve.
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DUBLIN, Sept 26 (Reuters) - The Galmoy zinc-lead mine in Ireland, owned by base metal producer Lundin Mining will begin a three-year phased shutdown in December, a union spokesman said on Friday.
"It was being mooted last night that they could probably mine ore for 10 more years -- there is still more there but it would cost too much to get it out of the ground,"