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Copper

Historically copper is a helpful economic indicator as it is heavily used in building construction, plumbing, electronics, machinery, etc. During periods of economic growth, demand for copper rises causing its price to rise as its supply tries to catch up. As economic deterioration sets in during a downturn, the price of copper tends to fall with it.

$4.10 was the approximate peak price of copper just before the crisis began.
$1.25 was the approximate low price of copper since the crisis began.

View more detail on copper price history.




 
 

Ben & the Fat Cat Banksters Painting

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Daily Bloopers Will Now Become Less Frequent
After over ten months of economic government bloopers on each and every workday, it is obviously clear that there is no shortage of ridiculous errors and activity by our soap opera government. A mess... Read more...
1/29/10 - GDP makes big gains
There's nothing misleading about the 5.7% GDP increase. Certainly none of the following play a part in the most recent overestimation:1. Inventories were at an extreme low and the slowdown in the... Read more...
1/28/10 - Bernanke's back!
Bravo! Well done. We removed one extra step (i.e. hiring a new failure) in our long, fingernails-on-chalkboard path of economic defilement.Bernanke wins second term as Fed chairman - MSNBC/Associated... Read more...
1/27/10 - No one wants to cut the deficit
Darn it - This messes up the ability to "chip away" at a $1.35 trillion projected deficit. Woulda surely solved our $80+ trillion unfunded liabilities problem. Not to worry though - Obama is going... Read more...
1/26/10 - Housing prop-ups need prop-ups
Another government plan with a false premise poorly organized and failing. Astonishing.Foreclosure relief program riddled with flaws - MSNBCArbitrary Vote Bloopers

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