Hmmm, base metals (besides tin) hit brick wall and bounce backwards... (Thanks US dollar!)
Hopefully, Aussie drops as a consequence of the stronger US dollar.
http://in.reuters.com/article/2014/07/29/australia-lmeclosing-idINL4N0Q462H20140729
Well that didn't last long, now all down (like one of the articles suggested), hopefully just a slight pullback with longer term trend still in place.
Aussie currently buys US$0.9384
Copper: US$7082, A$7546
Lead: US$2140, A$2280
Zinc: US$2132, A$2271.
Tin up $24,365k/t in Aussie dollars.
;-)
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