In The Year Of The Snake, Where Will Copper Head?
Copper has had a tough few years: In 2012, the red metal only rose 4 percent, although this was an improvement over 2011’s decline of 21 percent. Back then, I discussed how negative economic news and concern over global growth weighed on the price of copper, yet supply was also lower than expected due to [...]
Copper has had a tough few years: In 2012, the red metal only rose 4 percent, although this was an improvement over 2011’s decline of 21 percent. Back then, I discussed how negative economic news and concern over global growth weighed on the price of copper, yet supply was also lower than expected due to weather delays, poor deposit grades, worker strikes and mill problems.
With an improving global economy and China’s new leadership ramping up projects, will base metals, such as copper, … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards