Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Copper Market Will Go Higher From Here

|Includes:iPath Pure Beta Copper ETN (CUPM)

The latest results indicate that the copper bull market is far from over. Contango keeps steepening (Chart 1) and the large commercials have covered their shorts in copper (Chart 2).

Copper will go higher. (as will the stock market probably)

Stocks: CUPM