Thursday, July 7, 2011

COPPER Update 7-7-11

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ITZ has been bullish on copper for awhile now, it has been in bull stealth mode, quietly rising as traders focus on gold & copper. As with oil, copper and somewhat silver are industrial based commodities...what are they signaling? The U.S. Dollar has been rising...is there a disconnect? 

Past ITZ Copper Posts June 29th, June 20th , May 25th Futures copper charts, quotes


Note* PnF Chart PT $500 Chart

Gavin Wendt, Senior Resources Analyst at Mine Life, explains why he is bullish on commodities.


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