Algokid

It's not Cyprus Stupid! Watch Copper

COMEX:HG1!   Copper Futures
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I don't know why people freaking out about the recent bailout of Cyprus. Do they have that much economic impact on global growth ? instead Watch Copper and Crude Oil

I love copper as a leading indicator . Copper is a relatively cheap, abundant , and has numerous useful properties such as home construction, electrical wiring, plumbing, etc , etc. it recently broke it's support . Should the price of copper continue to go down , this may be a sign that the global economy is slowing down ( not a bailout of a tiny island)

good day

Algo

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