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A worker welds iron at his steel product shop in Seoul January 29, 2013.
A worker welds iron at his steel product shop in Seoul January 29, 2013.
(Kim Hong-Ji/Reuters)

SCOTT BARLOW

What are low metals prices telling investors?

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Commodity prices are usually a reflection of the global economy; right now, that relationship is describing a far worse global economy than actually exists. Either worldwide economic data is about to weaken significantly, or metals prices represent a compelling entry point for investors in mining stocks.