Commodity Trade Mantra

Posts Tagged ‘Price of Copper’

Are Copper Prices and China Set to Rally?

In marked contrast to gold, copper looks to be set up for a sizable rally here. On its 1-year chart we can see that after its significant drop, it is down on an important support level that is certainly capable of generating a rally, despite its still bearishly aligned moving averages. Chances of copper rallying soon are greatly magnified by its latest COTs, which show that Commercials are now heavily long.

Gold And The US Dollar Are Reaching A Critical Point

The gold x USDX index has been confined to the middle equilibrium since mid-2013. Once again, we are at a possible breakout point. If we are to see a significant move in gold, we need to see a move towards the upper equilibrium. If the US dollar were to remain strong during such a move, this would suggest a gold price approaching $1400. The next eight weeks or so should tell the tale.

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.

Are Junk Bonds And Copper Are Telling Us Exactly Where Stocks Are Heading Next?

In case you haven’t figured it out by now, the global financial system is in real trouble. Yields on the riskiest junk bonds are absolutely soaring and the price of copper just hit a fresh six year low. If you understand history, and you are aware of the patterns that immediately preceded previous stock market crashes, then you know how how huge both of those signs are.

Grab 20% In Two Months Or Less, As Dr. Copper Gets Well Again

For copper the elevator down accelerated after the metal lost the $3 mark. Sagging demand in China & Europe was the final nail. But this is where your opportunity comes into play today. Something’s different this time. Copper bears are capitulating. A stealth rally is in the works. And it could net you 20% gains in no time.

How to Make a Quick 20% as Copper Rises from the Dead

Copper dropped below $2.50 in late January on heavy trading volume. Plunges like these come lightning-fast. But buyers quickly stepped in. We’re seeing the beginning stages of a potentially powerful comeback copper rally. You could easily net double-digit gains in a matter of weeks if this former loser starts cranking up the heat.

The World Has Less Than 5 Days Worth Of Copper Inventories

Global copper inventories fell from 477,014 mt in Mar, to 355,075 mt in Apr. Why would global copper inventories be falling if production is increasing, demand falling & China with a supposed GLUT of copper inventories to work through? Why did Chinese copper imports increase 18.7% Jan-Jul? Does that make any sense whatsoever?

Coming Natural Resources Market Will ‘Elate or Terrify You’

We’ll see a rising Natural Resources market with higher highs and higher lows. We’ll also see high volatility — which one day will elate you and another day will terrify you. The safest commodities to buy are those that are selling below what it costs to produce them.

Is Copper Foreshadowing A Stock Market Crash Just Like It Did In 2008?

Traditionally, “Dr. Copper” has been a very accurate indicator of where the global economy is heading next. For example, back in 2008 the price of copper dropped from nearly $4.00 to under $1.50 in just a matter of months. Is the price of copper trying to tell us something AGAIN?

follow us

markets snapshot


Market Quotes are powered by Investing.com India

live commodity prices


Commodities are powered by Investing.com India

our latest tweets

follow us on facebook