As I said on 10-June, "...an industrial metal. It is one of the investments that, right now, I am MOST pessimistic about - short term, mid term and long."
My pessimism regarding industrial metals has nothing to do with fraud or attempts to manipulate the price, but on a world economy that is on the verge of collapse. When this this blows, it's going to make the Dot-com bubble seem like nothing.
On a slightly different subject, I expect oil to continue falling - to $82 or so per barrel, but not much lower, this summer. After that, oil will resume its run.