Hmm, I was always telling what is just happening now.. Copper is falling sharply because of world's crazy surplus production. Hope this wouldn't be the case into the next year! But atm. it looks like goldman brothers are more right than ever before!
Very interesting to read/study:
China Copper Imports vs Exports YTD. July 2016
Copper goes down (08/24/16 ~ 2.09$/lb):
http://www.*****net.com/charts/metals/base/t24_cp450x275.gif
LME Stock goes up, also because of China's copper exports:
http://www.*****net.com/charts/metals/base/lme-warehouse-copper-6m-Large.gif
And I'm just a bit confused about Tiger Mgmt that they didn't gave out any production figures for July.. it makes me a bit mistrustful. Well 3rd Quarter incl. Cobalt-survey should be amazing or I'm out here!
Well leec, optimistic postings/likes don't help us if facts play into other directions!
Don't forget to see/mention real facts!
Dreams won't give you/us a cent!
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