…24 hour and 60 day spot copper.
Wow, the US Congress has just laid us a beautiful trade (for those of us in cash, anyway). Because if copper rallied then failed due to the Detroit bailout plan and last night’s backfiring…..
……and The Hawaiian has made is clear as a bell that he’s going to save them creaking carmakers (and check the dude’s statements…..this isn’t some wild OttoGuess here) then copper will rally in the same style all over again.
It’s not often we get to see a glimpse of the future. If you don’t take advantage of this one come the right time I suggest you stick to time deposits going forward. The only question left is “when to buy”; let’s see how this episode of the soap opera pans out. First part is to let the headless chickens and shills do their job.