is such a key component in manufacturing (from housing to airplanes to automobiles) that its direction is often a great proxy for global economic output. Rising copper
prices equates to booming economies; falling prices equates to contraction. Talk of austerity is contractionary not expansionary and so it should not surprise us to see Copper
prices falling. Considering seasonality
factors too, once into May, I would be more than happy to sit on the short side of this market and see where it takes us....