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Silver up a whopping 5% today yet copper is a "no go". With the recent poor earnings announcements, economies around the world are going nowhere fast. Without wage growth, there can be no sustained inflation. So precious metals are going nowhere without inflation, a terrorist attack or a war.

Welcome to our country which is now a police state. Those poor people got a visit because they were LOGGED IN to Google and Google does share their data with the NSA. If you don't log into Google, they can't "see" your browsing history. Who else shares their data with the NSA ? Yahoo...

I see some of my "What about copper ?" followers are posting here. Interesting article. A construction slowdown in China cannot be positive for the price of copper. I think copper should be under $3/lb, but "someone" continues to hold it up. The fundamentals are just not good.

Copper Gains as China Growth Buoys Prices By Thomson Reuters - Mon 12 Aug 2013 07:42:23 CT London copper edged higher as signs of stabilizing growth in top metals consumer China continued to support prices...

Exactly, but the NSA has already stated it will not divulge that data to ANY other agency for the purpose of fighting crime.

Well that long term chart just totally confirms the MOMBO importance of the $3.00 level for copper. Wow.

Only if Farmer is back in the market long. The fundies can't support that ridiculous level.

97 to 96 today...straight down all day.

It sure is. Expectations are for a strong China now. Look at cooper zooming up again. BUT, and this is a huge BUT: How long can this last before hyperinflation steps in to ruin the party ?

Guys - what could cause the USD to weaken ? I'm thinking that inflation would do that. What else besides a war ? The upcoming fiscal crisis in DC ?

Unbelievable. This is looking and feeling just like the guaranteed Euro-USD trade where the Euro was supposed to go to parity to the USD. Right. And short copper was supposed to be "free money" as well. Heck, it zooming up today on positive news from China.

Can anyone help me out and explain why the Yen is zooming relative to the USD ? Is this just a temporary move ?

Zooming up this morning on news from China. See ? Told ya so. It's all about China. Unless that was a one-time event, the short side of copper is not looking like a great position. I think it'll be a trading affair for a while...up and down. No major moves for some time.

August copper down, but September is flatish. What the ...#@$ ? This is getting kinda crazy.

Apparently the fundies are weaker than the dollar-denominated advantage ?

Apparently the fundies are weaker than the dollar-denominated advantage ?

Equities, Gold, Oil all crumbling today....but copper is holding even. It's gotta be due to the weak US Dollar, right ?

Well gang, Sept copper up to $3.20 this morning. Goes to show you how tricky this market has become.

I am amazed no one noticed that Chris Christy and his wife were in that picture at gawker.com !!! Chris was just polled as the country's favorite politician ...

Yes I agree. This trade is like the Euro trade everyone was talking about last year....where the Euro currency was supposed to crash. Well, one year later and it NEVER HAPPENED. Why ? Everyone was expecting it to go down. This is looking very much the same. It's going to take quite an...