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Kitco.com reported on Psychology of Copper:
Kitco.com reported on Psychology of Copper:
Copper is often referred to as the metal with a Ph-D in macro-Economics, since it finds its way into so many industrial applications, including automobiles, appliances, airplanes, pipes, wires, and even computer chips, to mention just a few of its uses. As such, it acts as a top forecaster of where the global economy is heading next, especially China, Asia’s economic locomotive. Copper is a favorite tool for speculators in the commodities markets, given its cyclical nature and volatility.
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Featured Base Metals Investing Stocks
Browse Companies
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2390.86 | +0.85 | |
Silver | 28.67 | +0.01 | |
Copper | 4.52 | +0.05 | |
Oil | 83.24 | +0.51 | |
Heating Oil | 2.55 | +0.01 | |
Natural Gas | 1.76 | 0.00 |
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