Dr. Copper Says: The Patient Has Recovered

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Includes: FCX, JJC
by: Calafia Beach Pundit

Since last February I've been noting the recovery in copper prices and arguing that this was a sign of recovery. Copper prices are now 172% above their lows of Dec. '08, and only 15% below their all-time highs. Not only has the economy's "fever" broken, but it appears to be regaining its former health quite rapidly, to judge by the huge recovery in copper prices.