Wednesday, November 02, 2005

Copper charges to all-time peak

Copper charges to all-time peak

On the way up, commodity price peaks make a lot of news. The price peaks excite a lot of bloggers. However, in the commodities market, what goes up must come back down. My copper charts go back 200 years and copper routinely underperforms CPI.

The price will not be in the news in the many months ahead when it softens. The current tight supplies is a temporary situation. Take advantage to buy stocks while the market place is finding boogie men around every corner!

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