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Gold/Mining/Energy : Copper Fox

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From: louel	4/29/2015 1:04:30 AM
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Barrick trying to unload some copper. At $2.75 copper is half way between the 09 lows and 2011 high. Biggest worry I think is with the Bull market is getting fairly long in the tooth since it started up in 09. Entering it's seventh year. Historically between corrections, is 3.7 to 4 years. However there seems no rush into bonds, or utilities yet. Although Health Care, another recession industry has been gathering some momentum over the last while. I would think a pull back should be at least another year out. Market Big Caps are high but the basic economy still has lots of recovering to do yet. Slack board here lately. Seems Elmer is no longer at Exgen or Morrow bay. I wonder if he's off to something new or retirement. Discovery Ventures in default of their purchase agreement of Forty Two Metals. Due to taking longer than expected to rais the remaining 65% of the purchase price. Aroway Energy also appears to have ran into a funding delay. Tough for everybody it seems.

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