Friday, December 22, 2006

Harbinger Copper

The brief comment at TheBigPicture:

Dr. Copper, the metal with the PHD in economics, is now at 6 month lows

Since I happen to agree with BP's aphorism about copper (the Old Farts' economic predictor) I thought I'd look it up.

Read what you'd like into the chart--but there's no question that copper has dumped a few in the last couple of months.

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