shodai

Copper Prices Slumping; Targets Cut for Barrick Gold and Goldcorp

Barrick has already cut production in gold, and will do the same in copper. Other companies will follow to keep prices high. I don't know where this guy is coming from. These companies have already announced that if prices fall, they will cut production. Look at the demand for gold, the US mints have stopped production of their gold and silver eagle coins because of demand. Demand will not decline because the miner will just cut production.