| Frantic short covering on copper, or mounting worries over metal prices for 2012 - that is the quandary facing resource investors. The market has been sending conflicting messages; big sell-offs have been followed by super rallies. Meanwhile, there is a growing chorus of analysts warning of the wheels coming off the global financial system again.
First, the good news. Copper rose 2.3 per cent last night to $US9740 a tonne on the London Metal Exchange..............................................Full Article: Source |