Flats,
It looks like someone picked up a few cheap pounds of copper on the comex over the last week. Talk about manipulating the market, I wonder if any questions are asked about that report!
With China, all you need to look at is the countries planned power/utilities expansion. The Chinese Government has just given approval for another four dams upstream on the Yangtze which will bring on another 38,000 mega-watts of power online. 38,000 mW's of power, thats a huge amout of copper wire!
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Peter Batten, MD
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