commodities outlook, page-6

and over the past few weeks, when there was a push down in commodity prices...it was interesting to watch the price of copper. It had VERY strong support at $3.50.

AVB is very nicely profitable at $2.50 based on data to date.
Anything more will be welcome, $3.50 is realistic and more wouldn't surprise. The volume of copper required for electronics, infrastructure, car manufacturer, airconditioning, etc is enormous. They don't call it red gold for nothing.