Copper Has Hit The Low Point In Its Cycle-Higher Prices Are Coming

Copper Has Hit The Low Point In Its Cycle-Higher Prices Are Coming

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Photocredit: Getty
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In a May 21 posting, the case was presented for a copper price low in July. The conclusion was, “Thus, the seasonal, monthly and the weekly cycles point to early July as the next significant low. At that time, price will likely be in the $2.65-$2.85 area. The July rally will likely carry price close to the…

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