Commodity Trade Mantra

Posts Tagged ‘Dr Copper’

Guess Which Metal’s Rallying Right Now…It's COPPER

Digging through the commodity market wreckage has been a grisly task these days. Busted charts everywhere, a wasteland of multi-year lows and broken trades. But after a six-year drubbing, copper is rising from the dead. That’s right – Dr. Copper’s springing back to life. And the best part? No one’s paying attention yet.

Blame the Fed for the Commodities Slump

Crash on the commodities highway: So far, the Fed’s cheap credit has exaggerated and prolonged the bear market in oil. The price per barrel of US crude oil is down 53% over the last 12 months. Today, the price of coal is down 70% from four years ago. Dr Copper, too, says it’s going to be a rough second half of the year for the global economy.

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