enyaw, you obviously have no idea what is happening with copper. Why do you think copper has increased in the last couple of weeks? Stockpiling by yje Chinese and Why!!!!
Have you heard of the Government Stimulus Packages that been released in the last couple of weeks by China, USA, Japan, etc. Don't you think these billions of dollard will stimulate construction work ....haha maybe that is why Chinese are stockpiling.....
Copper will stabilise at these levels as the market has probably factored in more growth in China in the coming qtrs....
If you are going to make remarks at least have the intelligence to support them!!!!!!
PNA Price at posting:
32.2¢ Sentiment: None Disclosure: Not Held