Hi folks. While we wait for our upgrade at Koongie, thought this may be of interest.
Just read an article by Barbara Kollmeyer on the MarketWatch website that has Goldman Sachs having three, six and 12-month copper price forecasts of $8,500/mt, $8,800/mt and $11,000/mt respectively.
"The investment bank also introduced a full-year 2011 average price forecast of $9,300/mt, but said copper prices could exceed $13,500".
Hope they're right!
Regards
RM
Source:www.marketwatch.com/story/goldman-sachs-lifts-copper-price-forecasts-2010--10-05
copper price predictions
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