Copper Predictions

I am sticking with my previous prediction for copper: Copper will hit $4 before year end 2013



Id say your numbers are too high. Unless massive inflation hits this year. I dont think it will hit $4.50 any time this year. 10,000 retail stores closing this year pushing unemployment even higher, and demand lower. I also expect another s&p downgrade of us debt this year. World wide demand i expect to remain level or slightly up this year. But nowhere near enough to push copper up to $4.50. We are on the brink of a global economic collapse so all bets are off.