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	<title>Stock Market News &#38; Stocks to Watch from StraightStocks &#187; Michael Widmer;</title>
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		<title>Base Metals Bleed</title>
		<link>http://www.straightstocks.com/market-commentary/base-metals-bleed/</link>
		<comments>http://www.straightstocks.com/market-commentary/base-metals-bleed/#comments</comments>
		<pubDate>Mon, 23 Feb 2009 19:10:38 +0000</pubDate>
		<dc:creator>Doug Casey</dc:creator>
				<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[Anglo American]]></category>
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		<category><![CDATA[cent;]]></category>
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		<category><![CDATA[copper processors;]]></category>
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		<guid isPermaLink="false">http://www.contrarianprofits.com/?p=14034</guid>
		<description><![CDATA[pThe base metals were all splashed with red on Friday. Copper cratered during the pre-dawn hours, and was still at its lows after the noon hour, but it staged a late rally that took it back to finish at $1.4519/lb., down only 2 cents./p
pNickel was down all day long, barely coming off its intraday low to close at $4.2502/lb., down more than 17 cents. Zinc fell in the pre-dawn hours, rallied into the afternoon, but then lost it all and ended at its intraday low of $0.4785/lb., down a penny and a half. Aluminum was also a daylong loser, giving up a penny and a third, to $0.5736/lb., while lead plummeted to $0.4553/lb., down 2½ cents./p
pCopper posted another weekly decline,#8230;/p]]></description>
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		<title>Base Metals See Red</title>
		<link>http://www.straightstocks.com/market-commentary/base-metals-see-red/</link>
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		<pubDate>Thu, 15 Jan 2009 19:50:36 +0000</pubDate>
		<dc:creator>Doug Casey</dc:creator>
				<category><![CDATA[Market Commentary]]></category>
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		<guid isPermaLink="false">http://www.contrarianprofits.com/?p=11582</guid>
		<description><![CDATA[pThe base metals were all red-stained on Wednesday. Copper declined from the pre-dawn hours to the noon hour, but recovered a little ground late to finish at $1.4561/lb., down nearly 3 cents. /p
pNickel’s chart looked very similar, and it closed on a small upnote at $4.6954/lb., down more than 18 cents. Zinc had a weak day, ending at $0.557/lb., down a penny and a half. Aluminum was slowly lower, shedding a penny, to $0.6547/lb., while lead failed to get even a small late day bump, dropping to its intraday low of $0.5018/lb., down a penny and a quarter./p
pThe industrial metals were down across the board, with copper leading the way lower after the weak retail sales numbers reinforced the notion#8230;/p]]></description>
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		<title>Gold Leads Precious Metals Slide on Firmer Dollar</title>
		<link>http://www.straightstocks.com/market-commentary/gold-leads-precious-metals-slide-on-firmer-dollar/</link>
		<comments>http://www.straightstocks.com/market-commentary/gold-leads-precious-metals-slide-on-firmer-dollar/#comments</comments>
		<pubDate>Mon, 05 Jan 2009 20:30:02 +0000</pubDate>
		<dc:creator>Contrarian Profits</dc:creator>
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		<guid isPermaLink="false">http://www.contrarianprofits.com/?p=10863</guid>
		<description><![CDATA[pDollar rises to 3-week high vs euro on stimulus hopes#8230; Oil prices fail to hold gains above $48 a barrel#8230;  Abu Dhabi Dec gold sales fall 40 pct month on month. /p
pGold slid more than 3 percent in Europe on Monday as the strengthening dollar knocked the metal#8217;s appeal as a currency hedge, and oil prices retreated from highs. /p
pOther precious metals tumbled in gold#8217;s wake, with silver  falling 8 percent, platinum 3 percent and palladium 6 percent. /p
p Spot gold  was quoted at $851.65/853.65 an ounce at 1445 GMT, down from $873.20 an ounce late in New York on Friday, having touched a session low of $843.50. /p
p U.S. gold futures for February delivery  on the COMEX division of the New#8230;/p]]></description>
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		<title>Base Metals Spin Wheels</title>
		<link>http://www.straightstocks.com/market-commentary/base-metals-spin-wheels/</link>
		<comments>http://www.straightstocks.com/market-commentary/base-metals-spin-wheels/#comments</comments>
		<pubDate>Wed, 17 Dec 2008 19:55:27 +0000</pubDate>
		<dc:creator>Doug Casey</dc:creator>
				<category><![CDATA[Market Commentary]]></category>
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		<guid isPermaLink="false">http://www.contrarianprofits.com/?p=10267</guid>
		<description><![CDATA[p class="maintextDRP"The base metals were mostly lower on Tuesday. Copper was down during the pre-dawn hours, rose to its peak near noon in New York, then declined again to finish just off its intraday low at $1.3659/lb., down 2½ cents./p
pNickel also slumped badly after holding steady most of the day, falling to its intraday low of $4.2509/lb., down 24 cents. Zinc seesawed tightly around the break-even point, ending at $0.4794/lb., down a tenth of a cent. Aluminum shook off a pre-dawn dip, adding a third of a cent, to $0.6538/lb., while lead hit the skids again, dropping 2 cents, to $0.4379/lb./p
pCopper fell for the third session in a row, and to a fresh three-year low, as investors cast an emphatic vote#8230;/p]]></description>
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