Re: So far, there is no sign of the metal's showing up. LME stocks have fallen by 2,000 tonnes since Reuters first reported on the Qingdao crackdown on June 2.

I totally agree Prospekt. I keep reading all these "reasons" why the price of copper is going down and Yet the inventory at ALL the major warehouses keep going down. None of the "reasons" actually seem to be happening.

I am also reading more often of the challenges on the supply side. So the demand side may be going down but the supply side (mines) are also having significant issues in most countries. Overall we seem to be in somewhat a state of balance (supply and demand). I like our long/medium prospects.