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Iceman

01/12/15 7:30 PM

#147656 RE: sps50 #147655

"COMEX Copper unchanged today per Bloomberg after hours."

That means it is unchanged from close of regular trading today and afterhours at the time you saw it.

Copper was down today-

March'15 Copper

Previous Copper close 2.7595

Today's Copper close 2.722

Down -.0375 today

52 week low intraday was today at 2.7205

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Kitco Copper

24 hour

Down .0272 today

Close 2.7667

http://www.kitcometals.com/charts/copper.html


Copper is NOT our friend the last few months....



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CEMJQ Multi-Millionaire

01/12/15 7:36 PM

#147657 RE: sps50 #147655

Copper at a new 5 year low today Bloomberg
http://www.bloomberg.com/news/2015-01-12/copper-falls-below-6-000-to-five-year-low-on-demand-concerns.html

On the Comex in New York, copper futures for March delivery dropped 1.1 percent to $2.7255. The price touched $2.70, the lowest for a most-active contract since Oct. 5, 2009. Aggregate trading was 27 percent more than the average in the past 100 days, according to data compiled by Bloomberg.



On the London Metal Exchange, copper for delivery in three months slid 1.2 percent to settle at $6,017 a metric ton at 5:50 p.m. Earlier, the price touched $5,966, the lowest since October 2009. The commodity hasn’t posted a gain since Dec. 30.

The $6,000 price is “a psychologically and technically important level,” said Gianclaudio Torlizzi, a partner at T-Commodity in Milan, who predicted a drop to $5,800.