"Citigroup Inc. this week cut its 2009 copper forecast by 23 percent, saying the metal will average $3.65 a pound next year".
Not exactly an encouraging statement given the context. I hope it does rally back up to $3.65, but i have lost count of the great projections/predictions/valuations by the big guys that seemingly count for nothing in moving companies share prices or commodities prices..... Bear markets are a bummer, but neccessary. Cheers
Commy
OZL Price at posting:
$14.85 Sentiment: None Disclosure: Not Held