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Jim Rodgers Still Bullish on Copper

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horgad
1000+ Penny Miser Member

USA
1641 Posts

Posted - 01/31/2008 : 08:44:28

It is not the focus of this article and there are lots of other reason to read this, but since this is the penny hoarding board I pulled out a couple of <snips> related to copper.

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<snip>The pullback in commodity prices on recession fears hasn't dampened his enthusiasm for resources investments, either. More like a cyclical correction in the middle of a long-term bull market.<snip>

<snip> the fundamentals of the secular bull market in commodities are not over any more now than they were for gold in the '70s. <snip>

Edited by - horgad on 01/31/2008 08:46:45

Ardent Listener
Administrator

USA
4841 Posts

Posted - 01/31/2008 : 10:54:27

I love to read encouraging opinions about copper and the other base metals. Copper is not holding all that bad considering the bad ecomomic news of late. Let's hope that Jim is correct and we are only in a cyclical correct of a long-term bull market. Thanks for the post horgad.

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