From Todd Shriber: As measured by the iPath B Bloomberg Copper Total Return ETN JJC 0.52%, copper is doing pretty well this year. That exchange traded note is up 8.7 percent year to date.
From Peter Hobson: * Cash copper premium to three-month contract at four-year high
From Streetwise Reports: Technical analyst Clive Maund discusses the probability of copper breaking out to the upside.
From Chris Kimble: The long-term trend of Doc Copper remains down, as it has created a series of lower highs and lower lows inside of falling channel (1) over the past 7-years.
Technical analyst Chris Kimble examines copper’s price chart and finds a potential topping pattern taking hold.
From Zacks: Copper is undoubtedly the most talked-about industrial metal and is currently seeing a rally in price, driven by strong demand from the world’s largest consumer, China, and robust global economic growth.
Technical analyst Chris Kimble examines copper’s price chart and finds big downside risk ahead.
From Chris Kimble: Ole Doc Copper has had a rough go of it when looking back over the past seven years, as it peaked in 2011.
Last week the U.S. Global Investors office was visited by a living legend in the junior mining industry, billionaire founder and executive chairman of Ivanhoe Mines, Robert Friedland.
From Palisade Research: In this interview, metals analyst Mike Beck discusses the copper market. It is a massive market with 20 millions of tons production per annum which is ten times larger than nickel.
From Chris Kimble: Ole Doc Copper has done well over the past two years, as it is up over 50%. Since 2011, the total returns for Copper aren’t so bullish.
From Zacks: Copper prices rallied to a near four-year high on Dec 27, 2017, driven by strong demand from the world’s largest consumer and robust global economic growth.
From Matt Badiali: China is the “mouth of the world” when it comes to commodities and the data shows that China will have a significant, positive impact on mining investments during 2018.
The iPath Bloomberg Copper Subindex Total Return Sub-Index ETN (JJC) is likely to see further gains next year, as long as a key price level for the underlying asset holds up.
From Chris Kimble: Ole Doc Copper has performed very well over the past two years, as it has rallied 50%. Maybe the rally has been sent a positive message about the worlds macro picture?