Copper Prices Could Be in Early Stages of Uptrend

From etftrends.com

A confluence of factors could be brewing that may work in favor for bullish copper prices. Short- or long-term investors may want to get ahead of the move given the drop in copper prices the past year. One of the key drivers for bullishness will stem from demand in China. With the second largest economy looking to revitalize its economy after a real estate development crisis, copper demand has been tempered. However, recent government stimulus measures could help resuscitate its ailing economy and thus, its demand for the metal. A strengthening yuan could potentially be a harbinger for future upside. Pair that with a ... (full story)