[MO in TO]

Nissan announced today they will need to close three Japanese plants for five days each over a period of two weeks due to shortages in steel. Nippon steel is their biggest supplier, but worldwide steel demands are pushing the limits of production capacity. No wonder steel prices continue to rise. This shows the growth and demand Nissan continues to have with their excellent product lineup, since its revival from the doldrums of the late 1990's.

I may need to take a look at shuffling my portfolio.........

 

[Kris]

The China is to blame. Actually government out there is trying to slow down the economy. The boom in the recent years created shortages in raw materials worldwide. Steel is one of them.

 

[MO in TO]

Gold also reached a new high today at over US$451 per oz., the highest since June 1988. Most Precious Minerals, Mining and Metals and Resource stocks continue to do well with this economy, but we will all pay back in the end with higher retail goods pricing.

P.S. Happy Thanksgiving to our American friends!

:7:

 

[GripperDon]

Thanks for the good wishes from our Canidian Buddies ans Happy ThanksGiving to all! No matter what seems to be the problems of the world, we are all lucky to be living in such decent countries and having MO's to talk about. GRIP