A friendly reminder, keep safe investing. ---------- Forwarded message ---------- From: <[EMAIL PROTECTED]> Date: Wed, Apr 23, 2008 at 4:34 PM Subject: Tin in the News To: [EMAIL PROTECTED]
[image: ITRI] <http://www.itri.co.uk/default.asp> Tin in the News Welcome back to our tin news round-up after the break of the last two weeks. The current issue catches up on the main stories on tin production, consumption and trade that have appeared so far in April. The big story is of course the great surge in tin prices recently, with the LME price reaching US$24,000/tonne this morning. Our feeling is that at the moment the market is totally dominated by investment fund buying or short-covering. As long as there is an unlimited supply of new investors discovering tin, the price can continue to escallate in the short-term, but there is a danger that a very large correction will occur at some point.Meanwhile, we are aware that although high prices are good for miners - and will stimulate exploration and investment - they are causing major problems for tin users and other market partcipants. Peter Kettle [EMAIL PROTECTED]
