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John Lee interviews Malcolm Swallow from La Quinta Resources Corp. (LAQ.V)                                      John Lee is interviewed on the Korelin Economics Report                                      

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Market Update
June 19, 2008
Not all metals are created equal - metals review for 2008 and 2009 (part I)

2008-06-26a-johnlee


Oftentimes I talk to investors, even sophisticated ones, and I realize that they treat metals as a group. Particularly in the subset of base metals, most point out the price action of copper and conclude that all base metals are in a raging bull with no signs of slowing down...

...Each market invariably goes through different phases of a bull. Starting with bottom, accumulation, rise, mania, rolling over, crash, sucker's rallies, and then it starts all over again. People can attribute various reasons along the way for the rise and crash. The fact is price patterns are repetitive and can be observed time and again. Let's start with oil... [ Read More ]

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