LINDSAY WILLIAMS: The Bloomberg headline this morning said: “Metals bubble 
poised to burst on increasing supplies.” They went on to say that copper, 
nickel and lead - the best-performing commodities in the past four months - may 
be the worst by year-end, and that on Wall Street the chorus was getting louder 
about rising metal supplies outpacing demand. They also said that Goldman 
Sachs, JP Morgan, Chase & Co and Societé Generalé were warning of a mania 
that’s showing all the signs of a climax. That’s emotive stuff, but it’s a 
holiday in the UK so they’re just to trying to brighten up their day. Jason, it 
sounds a bit fanciful, doesn’t it? 
 
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