Prices for copper have fallen to levels not seen since April of 2009. Weakness in copper is a bad sign for the economy, as it is a vital ingredient in so many different areas of industry. Analysts call the metal “Dr. Copper” because, as the saying goes, it has a Ph.D. in economics. Movements in copper prices often lead GDP growth. Needless to say, the recent price movements in copper are worrying.
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