UnidoRecruitingNATIONAL
Tuesday, 8 January 2013
Copper Contango Steepening
Posted on 08:31
by Unknown
This week, the copper price kept rising with a higher contango, which is very unusual.
Something needs to happen soon, either the copper price is going to drop precipitously, or the copper price is going to shoot upwards with a declining contango.
I am still bullish on copper.
Chart 1: Copper Contango Vs. Copper Price
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