I don't think we can accurately put all metals in the same basket. You are right if you say that "Gold looks good", and every indication appears to be pointing up for gold. Copper on the other hand has not yet shown any real positive direction, ans seems to be threading water here as it has been for a while now. China needs it one day and the next there is a new story saying it does not need more.
What I think is going to happen eventually is that as the copper plays around in the up a penny down a penny range fundamentals wil be overlooked and we will get a sustainable important increase in the price, giving start to another up cycle.
If CUU and Teck want to take part in the financial party they will need to get off the pot and get things moving.
glta