future copper prices

Commodity overview: What Is really going on with copper?
Friday, 17 June 2011

"Despite comments over recent months predicting dire price falls based on weakening world demand, the fundamentals for copper have in my view been signaling something very different.

Given the massive reconstruction that Japan will need to undertake following the disastrous impact of the tsunami last month . the country is already the world�s fourth biggest user of copper . I believe any near-term price weakness in copper or copper equities represents a real buying opportunity.
We are likely see a deepening copper supply deficit this year as existing operations struggle, while new projects are still several years away from making a significant contribution.

My target for copper this year is still as high as US$11,000 per tonne."

Full article by Gavin Wendt link is

http://www.superliving.com.au/StoryView.asp?storyID=2394091§ionsource=Investing+%2D+Exotics