Forget about gold, silver and oil. Those are idiot commodities. The true industrial commodity, one that has accurately predicted both rallies and drops, is copper.
Plain and simple, the recent price action has been raising eyebrows around many dinner tables in recent weeks, sometimes more than eyebrow at a time, if you could believe that.
I’m sure it means nothing at all. Maybe China found a way to grow without copper.
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Copper has been wacky. Not enough people pay attention to the bellwether metal.
Copper and lumber are good to watch
Fly, im in NYC for CFA classes. Do you have any recommendations as to must see/visit/eat while im here?
This city is HIGH ENERGY
Go see Frick House
Take a walk across the Brooklyn Bridge. Bring a camera. Dinner at Del Posto if you can grease the Maitre ‘d, and for emotional value visit the 9/11 memorial and Liberty Island.
I highly recommend the tenement museum.