...the blue line showing nominal price and the red line showing price adjusted to the US dollar year as at 2000. What the red line tells us is that copper isn't that expensive today in real terms. Makes sense. My thanks to reader "M" for the chart.
Meanwhile, copper has retraced a touch this morning and stands at $2.10.....this story ain't over yet but I'm still calling a bear here.
Meanwhile, copper has retraced a touch this morning and stands at $2.10.....this story ain't over yet but I'm still calling a bear here.