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Commentary Topic from greenfaucet

Copper Correction

Copper has enjoyed a spectacular run higher.  In calendar 2009 as it emerged out of the stock-panic-induced commodities-price crash, it rocketed 153.2% higher!  Such performance is just staggeringly good, even by the high post-panic standards.  Over this same span the flagship CCI commodities index (which includes copper) only rallied 32.1%.  And gold, which captivated traders in recent months, was only up 24.3% in 2009.