Bearish Fundamentals Should Continue to Weigh on Copper Prices

February 10, 2007 Filed Under: Copper Mining, Mining Services, Mining Stocks  

How the mighty have fallen. Copper, one of the most prolific commodity fund darlings of the great 2006 bull market has fallen on hard times. There was a time in early 2006 when it looked like there was no limit as to how high copper prices could rise. The housing market in the U.S. had not turned all the way down yet and demand from China looked insatiable. Copper has many industrial uses, not the...