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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Copper - The Battle of Wits

Copper prices are making new highs. There are rumors of hidden stockpiles, the Baltic Dry Index has plummetted, and analysts boldly state that current prices are unsustainable. In spite of this, copper prices are making new highs. Did I mention that copper prices are making new highs?

The "Battle of Wits" scene in the Princes Bride outlines how thinking too much can be detrimental to your health.

Vizzini applies his dizzying intellect to the battle of wits challenge...

Now, a clever man would put the poison into his own goblet, because he would know that only a great fool would reach for what he was given. I'm not a great fool, so I can clearly not choose the wine in front of you. But you must have known I was not a great fool; you would have counted on it, so I can clearly not choose the wine in front of me.

For today, copper prices are making new highs. New highs are bullish. Junior copper companies based their projects on much lower prices. Its a good time to be looking junior copper companies.



Copper Price


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