i got dat feelin, page-3

I like I have read this before but I cant find it in the threads. Its gives you that warm fuzzy feelin.

Looming Copper Surplus Contracting as Mining Fails


Analysts are slashing predictions for the first copper glut in four years as producers from Chile to Indonesia contend with aging mines and strikes at a time of record demand.

The global surplus will total 18,500 metric tons, according to the median of 22 analyst estimates compiled by Bloomberg, 85 percent less than a January forecast of 124,000 tons. Barclays Plc expects shortages in the first half of next year and Morgan Stanley and JPMorgan Chase & Co. anticipate an annual deficit. Prices will rally as much as 14 percent to $8,700 a ton by Dec. 31, the median in a survey of 15 analysts shows.


Full plug here

http://www.bloomberg.com/news/2012-07-17/looming-copper-surplus-contracting-as-mining-fails-commodities.html