The LME keeps rising and rising, I see a whopping 10,000 tonnes of copper was added yeterday. Well, only 5,000 tonnes short of the magical 500,000 tonnes stock piles now. How much longer can the price keep defying gravity? I was expecting 500,000 tonnes in Feb - looks like we could have it in the next 10 days.
http://www.kitcometals.com/charts/copper_historical_large.html#lmestocks_1year
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The LME keeps rising and rising, I see a whopping 10,000 tonnes...
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