I'd still like to know what you based that call on......or was it just a gut feel? Either way, good call.
I don't know about the next day but it looks like we are headed for higher metal prices, finally. Lets see what prices are for the next week or 2. ............
friday,November 23 - Wall Street Journal (Jon Hilsenrath): "John Williams, president of the San Francisco Federal Reserve Bank and one of the Fed's stronger advocates for continuing to use monetary policy to bolster the economy, said the central bank's securities portfolio hasn't grown "anywhere near" the kind of limits that might impede the Fed from carrying on with its bond-buying programs. 'Our concern is to make sure our policies aren't creating problems with market-functioning,' he said... 'In terms of how far you can go, I don't think that we're anywhere near any kind of limit . . . . Conceptually, you could imagine some upper limit to this but I don't think we're getting anywhere near it.'"