Business & Technology Nexus

Dave Stephens on technology and business trends

Warning: This Metal Is HOT

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Sure, we’ve all seen the current spike in gold prices. And at $720 an ounce, I’m starting to look at my dental crowns a little differently. I mean, are they really necessary? Here’s the tale of the tape:

But check out the story beyond gold – copper, aluminum, zinc, and nickel all show strong upward movement.

Metals prices are being cited as the reason behind run-up in the Australian dollar vs. the US dollar. And articles aboud (like this one) on speculator excesses. The market seems to be getting “frothy”, but calling a peak is beyond a humble layperson such as myself.

So be careful, metal this hot might just burn if you hold it for too long.


Written by Dave Stephens

05/12/06 12:58 PM at 12:58 pm

Posted in Opinion

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