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<p>[QUOTE=&quot;bandito974, post: 131034, member: 5397&quot;]What a day! What a way to start the week, Have Metals ever dropped so much in one day?</p><p>I had no idea we were going to see such a drop off, this fast.. I thought we were safe for a couple of days.</p><p>Courtesy of CNN.com</p><p>Industrial and precious metals fell as bullish sentiment faltered. Copper, which hit a record high last week, dropped as low as $7700/7900 a tonne, down 8.8 percent from Friday&#039;s close, before paring losses to $8265.</p><p><br /></p><p>Gold slid as low as $687.60 an ounce, down 3.7 percent from $714.10/715.10 on Friday in New York. The metal reached a 26-year high last week.</p><p><br /></p><p>&quot;These things are in a speculative bubble and today the speculators have decided the risks are a bit bigger than the returns,&quot; said Tony Dolphin, director of economics and strategy at Henderson Global Investors.</p><p><br /></p><p>&quot;There&#039;s a worry about its impact on inflation but I guess there&#039;s also a worry about the impact on profit margins and ultimately the impact on consumer spending as well,&quot; he said of the jump in energy prices.</p><p><br /></p><p>You think the Sun will come up Tommrow Bob?[/QUOTE]</p><p><br /></p>

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