What do you suppose it means

Copper alloyed with zinc makes yellow brass.
These most recent graphs from Kitco 2016/10/29 show there's been a sudden interest in both metals.

I wonder which governments are the big buyers on those metals today?

World War 3 is coming and they building ammunition i think. World war 3 comes price will skyrocket

If its for military use, What are Lead prices doing?

On the other hand, there's been yearly drops in the amount of Lead allowed in Brass fittings because of it leaching into the water.
Maybe the Lead tolerance has dropped to a point where recycling Brass for plumbing fittings is not viable and only 'fresh Brass' can be used for plumbing fittings now.

Ummm ....might be reading too much into this. People tend to see what they want to see. It's like one of those ink blot tests the shrinks give you. Some folks will see a butterfly and others might see a beautiful woman or a church.

It all depends on where your head is at at the time.

Sometimes an ink blot is just an ink blot.

It's a one day chart for copper & zinc. On that particular day copper went up 2.4 cents and zinc 1.72 cents. I'm hard put to see that it has any particular significance beyond a normal day of trading on the metals commodity market.

Gold is particularly interesting to watch on an hourly basis. People are creatures of habit .... even the big boys. If you study the charts for a couple of weeks you might start to see a pattern emerge. Buy on the low end and sell when it's nearing it's high and you can make some money. I know a gent that used to make 20 grand in about two minutes by buying leveraging the price differential between the buy price in Lebanon and the sell price in New York. It was a matter of catching it at just the right time.

I would imagine that it's the same with any other commodity as well. Lots of easy money to be made with buying & selling if you know your market.

Originally Posted by ozzy214

World War 3 is coming and they building ammunition i think. World war 3 comes price will skyrocket

Meaningless when fiat currencey finaly implodes on itself.

Originally Posted by ozzy214

World war 3 comes price will skyrocket

That depends on which countries are fighting ...
The US would not be able to produce anything if China cut off all trade ( almost no industrial capacity left ) .

Copper, for example, would probably lose value on the US side of the pond - as the only 3 copper smelters left in the US are not tooled for producing general goods. (( 2 of them are used for producing water pipes and pipe fittings ))
Also note: There are 7 operational steel smelters left - owned by 3 companies - which do not have to capacity to rebuild US industry back to WW2 levels for an estimated 20 - 40 years.

I dunno.....but why am I in this hand basket and where are we going?

Betting copper takes a dive monday

Originally Posted by RLS0812

That depends on which countries are fighting ...
The US would not be able to produce anything if China cut off all trade ( almost no industrial capacity left ) .

Copper, for example, would probably lose value on the US side of the pond - as the only 3 copper smelters left in the US are not tooled for producing general goods. (( 2 of them are used for producing water pipes and pipe fittings ))
Also note: There are 7 operational steel smelters left - owned by 3 companies - which do not have to capacity to rebuild US industry back to WW2 levels for an estimated 20 - 40 years.

And thats just f ing lovely. We go into WW3 with no way to build weapons for 20-40 years and have to use antiquated junk or junk bought from china to fight. Lovely.......its like the kid lighting a firecracker in his hand to go off...

Copper and zinc up so far today. I should see what the scrap yard prices are for #2 insulated wire and die cast zinc as I have been holding on to some for awhile. Could be time to sell...

Wire here is currently $0.28/LB ... up $0.03 from last week !

Rumored market will tank Thursday.

Fir the day of November 01/2016