Copper/China connection

摘要

For copper, all eyes are on China and other emerging economies that are showing stronger signs of recovery than the West. Copper climbed higher for all of 2009, and analysts say it could continue to go higher, though it currently looks to be in the midst of an overbought correction. Copper went from $1.25 per lb at the end of 2008 to more than $3.50 in early 2010.rn"No matter what, [copper] keeps climbing. Most people believe the recovery is more imminent," says George Gero, vice president of global futures at RBC Wealth Management.