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Smart Money Making A Huge Bet On Copper

Posted by nexvucapital on July 25, 2013

Asbury Research recently featured the fact commercial hedgers have made a huge bet on copper.

“Copper prices are universally seen as a global economic barometer and, at least up until recently, have maintained a statistically significant and dependable 25 year positive correlation with the Dow Jones Transportation Index (DJT). Thus, we view the current positioning by these Commercial Hedgers as an aggressive bet by the “smart money” on an upcoming intermediate to long period of global economic growth.”








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