Copper Mountain

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I'm taking Mrs. Bear out for our anniversary tonight, so I'll leave you with this graph of copper (this borders on a non-sequitur, I realize, but still……….)


The point being that I think commodities have plenty room left to fall. This graph nicely shows how the first half of 2009 was injected with a lot of optimism about green shoots.

To paraphrase No Country for Old Men……

What you got ain't nothin new. This market's hard on people. You can't
stop what's coming. It ain't all waiting on you. That's vanity.