blacksilver

Aluminum May Outperform Copper

Most cars and trucks have aluminum wheels,transmissions,r... conditioner condensers,heater cores,water evaporators for the air conditioner,starter and alternator housings,manifolds,engine blocks,heads.The list goes on and on,every car has a minimum of 300 pounds of aluminum.Seven milloin less cars being built is two billion pounds of aluminum and you could probably double that to four billion pounds maybe even five billion.

Aluminum May Outperform Copper

The biggest thing hurting aluminum right is the auto industry,with construction coming in second,until they pick up aluminum will stay weak.There is a big inventory out there,that must come down before that market starts to move.There may be a spike in the market if China starts to load up on it next year,possibly in the spring.Copper may have a good jump before the year is out.I do agree with 2012-2013 we will start to see some record high prices in all base metals.2010 will be a good up year for all metals.