copper futures, page-22

Foxhat,

You claim to have never said such things and that you only want a reasonable debate yet what you actually said in relation to another poster who you claim to be a ramper was:

"Your thumbs up will represent how many investors don't understand the $AU $US relationship"

So your statement infers that anybody that agrees with said poster rather than you is simply too silly to understand.

You infer that it must have been somebody else who said it yet the comment appears in one of your posts. I struggle to understand this annomaly.

Anyway, lets discuss your point. You are say that any gains in the copper price in USD terms are irrelevant and that such gains have been more than offset by recent strength in the AUD. Lets have a look at that. I have pulled together the copper prices in USD for the last 30 days along with the AUD / USD exchange rate and produced a chart showing copper prices in AUD over the period.

I think this shows that your assertion that all of the gains in the copper price have been offset by exchange rate movements are not quite correct. They have been only partially offset and copper in AUD terms was in fact sitting on a 30 day high yesterday.

Maybe posters who don't agree with you do in fact understand afterall.