It wasn’t just copper that got off to a good start, post-Chilean earthquake.
Markets across the board are starting the month on a positive note. Gold, which had been looking like a sick dog, is starting to move again, and is back above $1120.
US futures are looking solidly higher:
And in general the Europe and Asia moved higher as well.
On the Greece front, the mixed messages remain loud and clear, as, contrary to the comments of Angela Merkel, reports continue to emanate of some kind of German-led bailout. So, we wait.
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See Also:
- Merkel: There Is "No Possibility" Of Bailing Out Greece
- Gartman: China Is Definitely Ramping Up Its Gold Holdings To Catch Up With Other Countries
- Forget Chile, Here’s The Real Story Behind Copper