EVIDENCE OF GREATER DEMAND WEAKNESS REQUIRE PRODUCTION CUTS IN EVERY COMMODITY WE STUDY, THOUGH LARGEST COPPER MINE “MISSES” OUTPUT DOWN 28% FROM 2007 THIRD-QUARTER 10/20/2008

EVIDENCE OF GREATER DEMAND WEAKNESS REQUIRE PRODUCTION CUTS
IN EVERY COMMODITY WE STUDY, THOUGH LARGEST COPPER MINE
“MISSES” OUTPUT DOWN 28% FROM 2007 THIRD-QUARTER 10/20/2008