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Did I tell you or didn’t I tell you? Copper continues to soar as it has reached an 11-week high. This of course is happening for a few reasons beginning with strong US Economic data and the increase in metal demand – this all according to the article published in the Australian Wall Street Journal.
There is the factor that the economy in China has begun to slow down but investors are also bullish on stimulus for that economy. Consumer confidence was also higher in May and it is interesting to see how all these data points impact each other macroeconomically. This is all pointing to growth in the economy – at least I hope – because I know we’ve seen this before only to become stagnant. You can read about the details by clicking here

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