Quake impact on mining?
Overdate
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The Japanese quake/tsunami appears to be affecting production and delivery of mining equipment. See second and third paragraphs.
This could slow down mining output (including PMs) and restrict supply for a while, making PM prices higher than they would be otherwise.
This could slow down mining output (including PMs) and restrict supply for a while, making PM prices higher than they would be otherwise.
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"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey