copper has been creaping up over the las month or so, #1 is $3.48 here today but early this morniong my radio show guy said China has lowered projections on its 2012, growth. this could be something to watch carefully.
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copper has been creaping up over the las month or so, #1 is $3.48 here today but early this morniong my radio show guy said China has lowered projections on its 2012, growth. this could be something to watch carefully.
It is and I watch it like a fat boy watching a cake. I know there are some who believe it will go to $4 or higher but its not. I think we will hover around $3.90 for awhile. The problem is not Europe or China right now its the U.S. The speculators are taking profits and driving the price down. They then buy more options and profit take there.
Their doing the same thing with gas and oil right now also.