Tuesday, 19 December 2017

Copper ($US/lb)

The $US price action for resources reflects supply/demand imbalance and $US weakness. Typically a genuine supply/demand driver will see user-affected share prices come under pressure due to tightening margins in wages-constrained markets. Share prices for producers of resources will continue performing until they increase production whereupon the supply/demand driver adjusts accordingly.

Gold chart update ---- https://jsecharts.blogspot.co.za/2017/12/gold-usoz_18.html

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