COPPER 0.00% $2.71 copper futures

mkt crash 87, page-50

  1. 421 Posts.
    re: stupid topic: my two bobs worth Andrew why would you not invest in a company such as BHP,in 2002 china took about 2.5% of there total output in petroleum and commoddities in the first half of 2006 it was up around 16%,most anylists are using $2.40 a pound for copper and i think it is currently trading at $3.50,their olympic dam mine is within the top 6 in the world,i believe commoddites have a long way to go with corrections along the way and if china withers out which i do not think it will for a couple of years then hook into india.Now work out the spot price and the difference,it is just cream on the cake.only my opinion though
 
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