TSXV:IDI.H - Post by User
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1GOLDFINGERon Nov 23, 2015 9:40am
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Post# 24315414
Just Crash Copper
Just Crash CopperNeeds to just find that bottom before it will ever get better. What was the 2008 low $1.50 range?
We're .55 cents away if that is our absolute bottom in this elongated precious metals rout.
The US dollar is rising copper and other commodities are falling but ultimately a strong US economy, builds, produces and they will need copper.
Freeport and Glencore slashed production another couple of majors should follow suit and put global supplies in a deficit once and for all.