The copper price looks as if it's started a new run (see chart) as has my base metals index (not shown). The close is above the 50 day moving average, which is rising, though the 50 day isn't yet above the 150 day. But it looks a lot like early '09 doesn't it?
The US is accelerating, the ECB has decided to act like a real central bank and provide the unlimited support to the European banks it's supposed to, and China is at its low point.
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