Nothing like a bit of intrigue hey Malgmac, conjecture is a wonderful thing of course, we'll just have to wait and see..pretty good feeling at the moment as a long term copper investor...especially with reports like the following,
“Time to turn positive on base metals, by Caroline Baine, senior commodities economist at Capital Economics, features a graph that shows China's copper consumption growth in relation to physical copper usage.
It highlights the fact that like GDP, copper consumption in the country is now coming from a much higher base and points out that a 9% increase in copper consumption in 2004 resulted in a 280,000 tonne increase in usage, while the 9% jump in 2013 represented nearly 800,000 tonnes of additional copper.
Even better, copper consumption growth is outpacing overall economic growth and according to the independent research house the latest data suggest that China’s apparent copper consumption will have grown by a robust 10% this year and demand indicators point to strengthening going into 2015.” Frik Els, China vs copper – much better than you think, Mining.com
Hmm what'll today bring I wonder ?
cheers to all especially the longtermers
Dossa
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