One reason for why copper prices plummeted recently is that surplus becomes an increasingly big problem, in conjunction with the Chinese growth slowdown. Unlike silver and gold, copper is mostly an industrial metal and the prices are affected by the slowdown of economic growth. The forecast for copper prices were revised earlier this month and on the short-term, binary options traders can extract modest profits by buying put options. If the estimations are correct and the price will hit a low limits of $3.10 per pound at the end of the year, put options with short expiration times are the way to go.
Let's wait And $ee!

Copper surplus concerns hurt prices
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