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anyer1

02/28/08 2:11 PM

#115680 RE: anyer1 #115679

US Out of Control:

http://business.timesonline.co.uk/tol/business/economics/article3451136.ece

Judging by the way commodities are behaving, it's true.
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ajtj99

02/28/08 2:22 PM

#115682 RE: anyer1 #115679

The fundamentals of Copper do not support this breakout, and the USD drop is not sufficient to warrant it either.

It looks like momentum has returned to industrial metals.

Aluminum does have some fundamental issues causing the price to rise, however.