John Meyers High Quotations

We believe that copper prices could remain unusually high for the next 6-12 months and should continue to generate extraordinary earnings for copper producers.

Strong copper and molybdenum production combined with far higher than expected copper and molybdenum prices have driven earnings far beyond many expectations.

Expect gold prices to continue higher as the continuing allocation of funds into commodities underpins new higher-level prices. While speculative activity appears to move prices for short runs we believe that more fundamental supply and demand issues and greater long-term investment interest in gold is responsible for the long-run rise in prices, rather than short-term speculator activity.