Copper reflects economic sentiment

- February 20th, 2009

Copper Investing News reports copper looks bleak with the current economic markets. Copper is often looked to as a barometer of economic health due to its copious use in building and construction.  When an economy is growing, copper use rises exponentially. In the early 2000’s rapid economic growth paved the way for an explosion in … Continued

Copper Investing News reports copper looks bleak with the current economic markets.

Copper is often looked to as a barometer of economic health due to its copious use in building and construction.  When an economy is growing, copper use rises exponentially. In the early 2000’s rapid economic growth paved the way for an explosion in demand for the red metal. In late 2005 and early 2006 copper prices were at record highs, encouraging miners to operate at maximum capacity irrespective of operating costs.

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