Showing posts with label copper. Show all posts
Showing posts with label copper. Show all posts

Saturday, December 27, 2014

Dr. Copper has been trading below $3 since before Thanksgiving

Except for a brief ten day period in March, copper hasn't been this low this long since the stock market low in 2009. Combined with oil falling out of bed, the prospects for improving GDP look dim.

Saturday, November 29, 2014

Ouch: March copper crashes through 2.88 to settle at 2.846































As recently as mid-October 2.88 had been considered support. Look out below.