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Sign of further global economic slowdown -- the supply glut of Copper is expected to TRIPLE in 2014!

 
Bucephelus
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User ID: 47696941
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10/14/2013 12:33 PM
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Sign of further global economic slowdown -- the supply glut of Copper is expected to TRIPLE in 2014!
.

One trend indicator of future economic development of course
is the Baltic Dry Good Index -- [link to investmenttools.com]


However, another good "canary in the coalmine" is the price of Copper.
FYI: Copper is used for electrical wire used in new housing construction,
energy generation and vehicles.


The worldwide glut of EXCESS copper supply is poised to almost
triple in 2014
, driving prices to the lowest in at least three years
at a time when the International Monetary Fund says economic
growth will be weaker than forecast.


See more here: [link to www.bloomberg.com]

.
Bucephelus
Anonymous Coward
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10/14/2013 12:37 PM
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Re: Sign of further global economic slowdown -- the supply glut of Copper is expected to TRIPLE in 2014!
lol

Coppertards.

I remember when everyone was pushing the `buy copper bricks - hyperinflation is coming' scam.

Looks like you tards have come out of the wood works for the debt ceiling.
Anonymous Coward
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10/14/2013 12:57 PM
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Re: Sign of further global economic slowdown -- the supply glut of Copper is expected to TRIPLE in 2014!
cool. price of ammo should drop





GLP