The UK having very little if no industry doesn’t help their cause. I really believe the next few months will be a turning point for metals. I could be wrong, but it just seems to be a much clearer picture now than it was in October and November of last year. The national unemployment rate will easily hit 10% by summer(which I believe is much more like 20%+ of the employable population), hyper inflation is creeping up and negative sentiment is in the air. I predict some sort of chaos in the US by the end of 2009 and I don’t believe it will be terrorism inflicted.
