Like many people in the electrical business, EleBlog has been keeping an eye on the price of Copper. While it fell down a while to sit right on top of the $3.00/pound level . . . it never really posted a solid CRACK down below $3. Here’s the most recent 30 days, as charted by KitcoMetals.com:
See this brief SoberLook.com column for what’s happening, and a reason for some optimism (at least, if you’re long copper).
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