The good doctor has not yet decided if he is rebounding for real vs. the ancient monetary relic or if this is just a reaction to the spring's downside hysteria. What do you think? I think legions of greedy bulls want to see asset price increases at the expense of the US dollar.
Nominal doctor Cu meanwhile, continues to deal with resistance noted previously. A break of this target zone would bring with it increased doubt as to the potential of a deflation issue in the near to medium term. As yet, copper is simply resetting the emotions of the Euro/Greece/flash crash theatrics.
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