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.if you look at the graph you show, this would follow every year in the months of June, July, and August (no matter where the average prices are for the market (globally). So, my premise is when supply is larger (summer). demand goes down and along with price. Just a thought.
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Mr. Mechanic are you trying to tell me there's no rhyme or reason to the way metal market prices fluctuate? Point taken.
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New Guy
I suspect the recent run up in commodities pricing is due to the Fed's announcement of more quantitative easing. Many investors move into hard assets like gold, silver and copper as a hedge against a drop in the value of the US $. I'm probably completely wrong, but that's what I think has happened.
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Probably as good an explanation as any.Originally Posted by NorthwoodsScrapper
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