Revett Minerals Inc RVM

Copper has never been so expensive, the price of c

[dtchgoldmember2]

Copperhas never been so expensive, the price of copper on Wednesday a newrecord of $ 9,447 (7211 euros) per tonne. This had weakened U.S. dollarcommodity traders according to a weakened U.S. dollar and supplyproblems from the Collahuasi copper mine in Chile, the third largest inthe world. Demand from China, the price of many in the constructionindustry and the semiconductor metal is used for ages boosted by strongdemand from China. The Chinese government announced last week to raiseinterest rates to curb growth and inflation. Yet analysts do not believethat this will have much influence on the copper price due tocontinuing strong demand. Heavier measures, the liquidity effect willsomewhat decrease and that will probably influence demand. But in orderto influence the price of copper and containing inflation

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