COPPER 0.00% $2.71 copper futures

signs of capitulation, page-3

  1. SBC
    1,006 Posts.
    Who knows.

    Unlike Ni, Zn and other metals which appear to have retracted to their long-term averages, Cu still has about 50% to go (if you believe that these commodities will revert to their long-term average prices in the coming global downturn).

    Heard a number of arguments on both sides for Cu. Am happy to sit on the sidelines for the moment.

    Cheers
    SBC
 
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