Realcent.org

"Given that total copper stocks will be falling, not rising, in 2011 and 2012, the upside potential for prices is explosive," somewhere in the $4.50 to $5.60 per pound range, Hollands said in an interview via e-mail."

good article:

http://azstarnet.com/business/local/3fc ... b1c9a.html

Great article. Thank you.

By the end of 2012, I bet it'll be far, far past $5.60.

The value is in the metal and not in the paper.

why couldn't it have went there before dec 31. I would'nt be sending Corsair out a copper bar!!!!!!!!

Mr. O, you should make another copper spot contest for January 1, 2012, and I promise not to guess $5.60.

copper to 8 to 10 a lb...thats the first leg up. we are after all, near to peak copper, if not already there.

The price of CU will be increased by energy costs as well. As oil prices rise over $100 and beyond, the overhead costs for copper producers will rise. Same thing with the recycling industry. So in addition to inadequate supplies to meet demand, you also have production cost increases. I'm just wondering how long it will take before it hits the $10 mark, in this environment of competitive currency devaluation that's taking place around the globe.

And I wonder when copper will start to change hands by the troy ounce, instead of being priced by the pound? I think this will happen in the next 10 years.

Healthy pullback, looking for support.

hope we hold 4.30.

Copper Output From Sumitomo Metal Smelter May Be Reduced on Maintenance

oops, there went 44 tons per yr...

http://www.bloomberg.com/news/2011-01-0 ... utput.html

I also heard somewhere Peru copper miners may strike.

i would say 5.00 by may 2011

Bostonbean02 wrote:i would say 5.00 by may 2011

I would live to see that, hope your right.

Bob.

Seems to be consolidating in the 420-430 area lately.

I miss the 440s but seems strong above the 4 mark, thats good.

Need construction to pick up, houses have 100s of lbs of copper.