RE: Recession/copper troubleGood research amiskcity.
However, you note:
was there ever any evidence of an inflation uptick?)
Remember the American CPI numbers do not include food and oil.
I am sure you are aware of Oil prices and have you been grocery shopping lately for produce?.
Yes, I agree copper industrial production remains on track outside North America, but all this means nothing if the industrial leader of the USA goes into a qaugmire or recession, which is extremely evident and should play out further in the 1st and 2nd quarter of 2001.
Like I said AUR is worth a nibble at below $1.60 and worth a plunge below $1.40. Low costs make AUR attractive. By the technicals on the chart we could touch $1.60 with in the next 2 weeks
Happy Honicka