It seems crazy to me that copper supply is almost as high as mid 2008 and price is as high as it is.
I think commodities are due for a severe decline including gold but we will see.
AUD as per the chart below looks very weak but yet to collapse.
monday monday, page-113
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Last
8,023.9 |
Change
-3.100(0.04%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,027.0 | 8,027.0 | 7,990.3 |
| XJO (ASX) Chart |