01.12.2014 - Is Copper The Next Commodity Shoe To Drop?
Black Friday was certainly a dark day for copper and many other commodities that were dragged down by oil’s 10 percent plunge after OPEC decided not to cut production to bolster prices. Friday’s 3.79 percent decline brought copper’s total loss for the week to 6.7 percent, putting an end to copper’s streak of relative resilience in the face of the broader commodities bust. Now is the time to ask, “is copper the next commodity shoe to drop?”..............................................Full Article: Source
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