copper closing below 240 is basically saying the end of the world is here - it isnt and it will come back strong - the question is "where is the bottom?" - I disagree with the gold outlook -the prices have come down off their highs but you can buy more commodities today with an ounce of gold than when it was at 1000.00 -I think it will maintain this spread or even grow - because when commodities do make their bounce back it is more likely going to be from inflationary pressure not so much demand
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copper closing below 240 is basically saying the end of the world is here -
Oct 09 05:36 am
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All Comments by Mr.G »Kevin Kerr on Copper and Corn [View article]
it isnt and it will come back strong - the question is "where is the bottom?" -
I disagree with the gold outlook -the prices have come down off their highs but you can buy more commodities today with an ounce of gold than when it was at 1000.00 -I think it will maintain this spread or even grow - because when commodities do make their bounce back it is more likely going to be from inflationary pressure not so much demand