26 Quotes by Edward Meir

The Nigerian problem, it seems, is transforming itself from a pesky, on-again, off-again, bottleneck to one with more staying power.

The Nigerian news would typically not get much of a market hearing given the modest amounts usually involved and the relatively short-lived nature of disruptions. However, given the potential crisis with Iran, markets are moving higher on just about any news that entails a possible supply pinch.

The copper rally has surprised us all, even the die-hard bulls among us.

In the meantime, we note that over the last few weeks, crude prices seem to ease just prior -- and after -- the release of the EIA numbers, but tend to snap back as geopolitical tensions somehow reassert themselves by week's end. We will see if this pattern plays out again this week.

I am not sure where the bottom of this market is, but $4,650-a-tonne is very important. If that is broken, lots of selling orders will be triggered.

The Iranian situation remains on top of the heap in terms of market concerns.

The growth picture looks very solid. We're not seeing any slowdown at all in any of the major metal-consuming countries, despite higher energy prices and higher interest rates.

Although details have yet to emerge (prompting the White House to withhold comment) energy bulls are undoubtedly fretting.