virtual metals research and consulting tom butler jessica cross gary mead sarah ross andrew sullivan matthew turner tel 44 20 7487 3600 email sarahr virtualmetals co uk fortis monthly february 2006 gold silver platinum palladium aluminium copper nickel lead & zinc tin plastics merchant banking bank 1 contents strategic view 3 analysis 5 focus 6 9 10 11 12 13 14 15 16 17 18 indices 19 prices disclaimer copyright 23 about 24 commodities contact list 25 is an exclusive precious base joint venture between sa nv introduction the momentum of speculative investment which began in q4 2005 was no mere nine day wonder accelerating into january amid political energy currency us debt anxieties big imponderable for q1 whether some have become disconnected from their underlying supply demand fundamentals backed exchange traded funds make further headway
