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Tag Archives: Copper
Copper Plunges To Fresh 5-Year Low
As we explained in great detail yesterday, the selling in commodities is far from over. The extent of China’s commodity-backed-financing is only now beginning to be understood and forced sales (along with the vicious circle of collapsing collateral values and increasingly tightening … Continue reading
Copper Is Signally Ben Bernanke’s Greatest Fear: Deflation
Precious metals have taken a direct hit this past week as their prices collapsed. Silver dropped over 25% and gold lost over $200/oz. The following article outlines a cogent argument for watching the price of copper. If he is correct, … Continue reading