But what about copper ?

Discussion in 'Commodity Futures' started by syswizard, Sep 23, 2012.

  1. %%
    Is $eldom like to do much math in my head;
    prefer to write it down[ink]..................................................
    And even as youngster I had NOT a great memory for numbers or names.
    OF course if they did enough ads, easy to remember pictures horses, bears, bull elephants,
    TX longhorns, MSFT,copper, SPY, SPXS........ XLE, QQQ\LOL:D:D
    33% of 60= about 20+/%/Round UP, easier math , long term trend is up on copper[sold per pound] .
    Sometimes that cash metals dealer rounds up/ saves him messing with partial copper coins[pennies].Sometimes not.
    OF course the metals, he buys by the ton, different deal.
    One lady asked like ''is that 20% + 1?'';
    i explained no\ that's 20% more or less:caution::caution:
     
    #731     Jul 26, 2023
    Sekiyo and themickey like this.
  2. Sekiyo

    Sekiyo

    That's about 20% if we don't compound :D
     
    #732     Jul 26, 2023
    murray t turtle likes this.
  3. %%
    Exactly:D:D Local bank giving away calenders , cocoa+ some give away ink pens.
    Power co also; but they buy plenty of copper.
    I usually get some ''free'' cocoa+ get some of their ''free'' coffee if I'm there.
    Usually have plenty of long$ on something\
    so my short term bear trend[opinion] is seldom disappointed .
    Local dealer buys cash copper + metals anytime;
    when he sell$ by bulk/that's his co business:caution::caution:Sometimes we see him loading big truck.
     
    #733     Jul 26, 2023
    Sekiyo likes this.
  4. themickey

    themickey

    upload_2024-4-10_11-45-23.png

    Copper cash, daily, 3 year chart, price sitting on ~14 month High.
    Expecting it possibly to stall here at this level and take a breather.
    On the chart are 20, 50 & 200 MA's

    upload_2024-4-10_11-51-50.png
    This the 20 year monthly bar chart of Copper Cash.
     
    #734     Apr 9, 2024