Another plus i missed:
From Kitco:
Copper prices rise after China pledges reforms
Associated Press
By The Associated Press
Monday May 12, 2014 12:03 PM
Copper is settling at its highest price in more than two months after China pledged to free up its financial markets.
Copper for July delivery jumped 7 cents to settle at $3.15 a pound Monday. FactSet says that's the highest settlement price for the industrial metal since March 6 .
Late last week, China's government outlined plans to loosen regulations on its financial markets. TRADERS SAY REPORTS SHOWING A DROP IN CHINA'S COPPER STOCKS ALSO HELPED PUSH COPPER PRICES UP. THAT MAY LEAD CHINESE COPPER PRODUCERS TO CUT BACK ON COPPER EXPORTS SO THEY CAN FEED DEMAND AT HOME.
Maybe WM can help them with that serious problem they seem to have:
"Traders say reports showing A DROP IN CHINA'S COPPER STOCKS also helped push copper prices up. …."
So imho CDU remain ridiculously under valued/under priced…..the price of copper shooting up and thanks to our controllers we are heading down….funny isn't it…..and where are ASIC?….surely they can hit the boys with???? a feather!!!! or maybe a massive…$2.00 fine???just to show them who is in control….lol
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Another plus i missed:From *****:Copper prices rise after China...
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