1 Year Copper Spot Chart


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1 year copper price chart
Click Copper Chart to Enlarge

 

This chart (sourced from kitcometals.com) shows you how much copper price has appreciated over the past year.

The key here is to look at the trend compared to fiscal policy of the United States federal government. Copper trends up, until the federal government artificially interferes with the capitalist aspects of our economy. This will artificially make the U.S. dollar stronger, driving down the metals in favor of the dollar. However, looking historically at fiat currencies and artificial interruptions of a natural capitalist economy, one can see that this is a temporary fix, or a band-aid to the cause a problem. The economy trending downward is a nature effect. Forcing the economy from a bear to a bull market is politically favorable, so politicians send a surge into the economy to give it a boost. Once the immediate effects of this boost dissipates, the natural curve downward reoccurs, but stronger, which we have seen particularly clearly in the past few recession dips. The immediate valuing of the currency results in a powerful devaluing, driving metal prices upward.

Assuming trends of global demands for copper continue to rise as they have been, and the devaluing of currencies continues as fiscal policies have proven time and time again, and the basics of supply and demand still exist, we strongly urge you to invest now before the value of copper rises as it has been and the cost to enter this innovative market gets more and more expensive.


 
 
Spot quotes are non-LME prices

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