• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • WORLD EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • WORLD EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    copper investing

    Jim Cramer and Carley Garner: Why Copper and Gold are Ready to Shine

    Written by Teresa Matich
    |
    Aug. 05, 2015 10:50AM PST

    Jim Cramer of CNBC’s Mad Money spoke with technician Carley Garner of DeCarley Trading about why she things that the tide could be turning for copper and gold.

    Jim Cramer of CNBC’s Mad Money spoke with technician Carley Garner of DeCarley Trading about why she things that the tide could be turning for copper and gold.
    As quoted in the market news:

    Copper has been on a massive downtrend for months now, but when Garner looked at the charts she thought that maybe the downward slide could be coming to an end. Copper has traded above $2.40 for the past decade, with exception of the financial crisis in 2008.
    However, this week brought some volatile action which resulted in the price dropping to $2.38 and quickly reversed into the mid $2.50s. What does this mean?
    “For now I’m thinking that $2.40 is going to hold, and if it does then we will run into some resistance at $2.80,” Garner said.
    Additionally, if the price gets above $2.80, then Garner predicts a massive rally for the bulls, up to even the $3.80s.

    Click here to watch the full video.

    copper investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Tavi Costa: Gold, Silver, Copper — Outlook, Plus My Strategy Now

    Tavi Costa: Gold, Silver, Copper — Outlook, Plus My Strategy Now

    Physical Buying Picks up, Gives Copper a Boost

    Latest News

    Phase 1 Metallurgy 98% Gold Recovery at Mt Solitary

    Bold Ventures Receives Final Results of Spring Drilling at Burchell, Confirms Moss Gold Trend

    Ni-Co Énergie annonce des résultats d'échantillons choisis à Kremer-2 titrant jusqu'à 1,21 % Ni, 0,14 % Cu et 0,10 % Co; 11 des 33 échantillons de Kremer-2 ont retourné plus de 0,5 % Ni.

    Ni-Co Energy Announces Kremer-2 Grab Sample Results Grading Up to 1.21% Ni, 0.14% Cu and 0.10% Co; 11 of 33 Kremer-2 Samples Returned More Than 0.5% Ni.

    Freegold Intersects 1.48 g/t Au over 176.8mincluding 3.09 g/t over 45.8 m as it advances Golden Summit Towards PFS

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
      • Electric Vehicles
    • Agriculture
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Energy
      • Uranium
      • Oil and Gas
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Robotics
      • Crypto
      • Cleantech
    Life Science
      • Biotech
      • Cannabis
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    Great Western Mining

    Great Western Mining  (GWMOF)
    GWMOF

    Star Copper

    Star Copper  (STCU:CC)
    STCU:CC

    Raptor Metals

    Raptor Metals (RAP:AU)
    RAP:AU

    Canada One Mining

    Canada One Mining  (CONE:CC)
    CONE:CC

    Domestic Metals

    Domestic Metals (DMCU:CC)
    DMCU:CC

    Blackstone Minerals

    Blackstone Minerals (BSX:AU)
    BSX:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES