Bill Herbert

Copper Showing Green Shoots, U.S. Style

Good observation.

U.S. copper consumption turning upward is very bullish for the general market, and obviously, copper stocks, which got slaughtered last year, but are now rebounding nicely.

My favorite is Quadra Mining - it will be at $10 before long, I would wager.

I expect copper to gradually approach the $3 mark as the second half of the year unfolds - that will be the new benchmark price going forward, with occasional spikes above that based on Chinese demand that appears to be steady, and growing.