Sunday, May 6, 2007

Metals Bubble Poised to Burst; Copper, Lead, Nickel Supplies Exceed Demand

(Bloomberg) -- Copper, nickel and lead, the best performing commodities in the past four months, may be the worst by year-end.

On Wall Street, the chorus is getting louder that rising metal supplies are outpacing demand. From Goldman Sachs Group Inc. to JPMorgan Chase & Co. to Societe Generale, there are warnings of a mania that is showing all the signs of a climax.


Read more at Bloomberg Emerging Markets News

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