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Out of context: Reply #16
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people buy commodity stocks. more so in precious metals.
due to china's reform efforts and its growth in economy, price is rising trendiously.
china internally is also looking in to exploration but asking for foreign investment. the internal companies will get first chance at most profitable sites.
this has effected canada also by raising it dollar value against the us dollar. canada has exported raw materials and other commodity to china and where as in us there is still a trade deficite and lacks commodity exports.
across the board, all commodity prices have risen 45% to 100%. copper more so rose 4500 in last year at 8500 and holding and projected to rise.
us commision has also confirmed that china is not manupulating its currency value which means that the value of chinese monitary currency will have more value.