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Thread: Copper Company?

  1. #151
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  2. #152
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    Copper closed at 352.03 (US$3.52/lb) up around 4%
    New closing high since the end 2008 bottom.
    Most metals had a good day apart from Nickel
    Looking good for miners today?

  3. #153
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    OZL says outlook for copper is strong.

    http://www.theaustralian.com.au/busi...-1225848234715

    And copper soars to near two year high.

    http://www.theaustralian.com.au/busi...-1225847755607


    I hold.
    Last edited by macduffy; 01-04-2010 at 08:18 AM.

  4. #154
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    Traders warn that the PoC may be in for a fall.

    http://www.theaustralian.com.au/busi...-1225850802781

    But LME warehouse stocks continue to drop.

    http://www.infomine.com/investment/c...arehouse#chart
    Last edited by macduffy; 08-04-2010 at 08:02 AM.

  5. #155
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    I am pretty much under weight in all hard commodities with exception of coking coal, rare earth and Iron Ore.
    Last edited by Dr_Who; 08-04-2010 at 08:45 AM.

  6. #156
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    Quote Originally Posted by Dr_Who View Post
    I am pretty much under weight in all hard commodities with exception of coking coal, rare earth and Iron Ore.
    Copper Going To $1?

    http://www.cnbc.com//id/37577766

    Interesting comments that Chinese is stockpiling it & not using it, showing there's excess supply at present

  7. #157
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    Quote Originally Posted by shasta View Post
    Copper Going To $1?

    http://www.cnbc.com//id/37577766

    Interesting comments that Chinese is stockpiling it & not using it, showing there's excess supply at present
    This Guy rattles a lot of cages...he a bear.. he said in April 2006 a perfect storm was about to happen when copper was at $3.50/lb..2.5 years later it did come down from $3.5/lb due to a different reason that of the GFC .
    This latest article is late reporting as he mentioned this latest scenario back in February2010.
    I not concerned about the article...I've taken a keen interest in Copper over the last two years and I will tell my story when i have time
    Have to go now.

  8. #158
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    I am keeping a close eye on China. I think we can start to re-visit copper and resources again near the end of this year to early next year?

    Lets keep talking so we can all benefit from it.

  9. #159
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    Copper has its best monthly price rise for a year.

    http://www.theaustralian.com.au/busi...-1225899741995

    I hold OZL.

  10. #160
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    Quote Originally Posted by macduffy View Post
    Copper has its best monthly price rise for a year.

    http://www.theaustralian.com.au/busi...-1225899741995

    I hold OZL.
    Copper has just punched through another resistance level a couple of hours ago and has added another 1% now at 3.34...looking really strong atm....
    Seems Monday is going to see a great start for Equities in Europe...Miners doing well in Ozzie

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