Plug Your Portfolio Into the Copper ETF Rally
Wednesday, March 31st, 2010Tom Lydon submits:
The economic reports seem like they’re coming straight from Pollyanna these days – factory orders are up, housing is in recovery mode and consumer confidence is higher. Copper ETFs seem to be rejoicing the most.
Many factors that support copper are in favor of taking the metal’s price higher. Matt Whitaker and Andrea Hotter for The Wall Street Journal report that on the the COMEX division of the New York Mercantile Exchange, copper settled at its highest point since July 2008.
