| Is copper the next crude oil? The answer is “no,” according to Suki Cooper, a commodity analyst at Barclays. In a recent note, Copper and her team today laid out case for the metal’s rebound in 2015, forecasting a price of $6,313 per ton for the year.
Because the industrial and consumer sectors make wide use of the metal, investors closely watch movements in the world’s copper price, using it as a barometer of global economic activity. It is often called “Dr. Copper – the metal with a PhD. in economics. At TK, the metal has fallen 9% over the past six months...............................................Full Article: Source
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