Goldman Sachs' commodity research head says copper is the leader among the only four commodities that have strong potential for long term price increases. Crude oil, corn, and platinum are the others. Short term, they expect copper prices to pull back to $7,500 per tonne, according to the report on Mineweb.com. [right, credit, Freeport McMoran]
Tuesday, May 25, 2010
Copper at top of commodities list
Goldman Sachs' commodity research head says copper is the leader among the only four commodities that have strong potential for long term price increases. Crude oil, corn, and platinum are the others. Short term, they expect copper prices to pull back to $7,500 per tonne, according to the report on Mineweb.com. [right, credit, Freeport McMoran]
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