OIL and Copper will rise further for the following reasons:
- Market confidence is back and it won't be surprised to see metal price going up strongly - US makes more printing money means people will buy metal and oil to hedge against money paper in long term - Bank lending start flowing to create business opportunity/investment - Current PNA price is way too cheap with PNA's production of Copper/GOLD/Silver expected to increase and metal price to go up in long run - Market could already reach the bottom last week, so people put cash back into equities
MY VIEW FROM HERE IS TO INVEST IN LONG TERM
DYOR
PNA Price at posting:
27.0¢ Sentiment: LT Buy Disclosure: Held