Copper Futures

Top Analysts Are Always Wrong

Every once in a while I stumble on stories that reinforce my already strong contrarian nature…

Here’s one published April 12th, 2012 on Bloomberg BusinessWeek:

Top Analysts See Copper Rising Even as China Slows

The third consecutive annual copper shortage and accelerating U.S. growth will drive prices to the highest in a year in the next quarter, according to the most accurate forecasters.

For fun I took a look at the chart.

Copper Futures