Friday, December 21, 2007

COPPER OUTLOOK

19.12.07
Copper is one of the most useful metals on this planet. It’s resistant to corrosion, a good conductor of electricity and it’s also flexible. It is used in so many appliances that it would take forever to list them all however here is a small sample computers, cellular phones, electrical wiring, transformers, motors, air conditioning, cars, tractors, roofing, plumbing and the list goes on and on. There is almost no industry that does not use copper in one way or another and now thanks to the huge demand stemming from Asia (primarily from India and China) and Latin America prices have been soaring and will continue to soar for the foreseeable future.
http://www.financialsense.com/fsu/editorials/ti/2007/1219.html

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