Base Metals See Red
Feb 18th, 2009 | By Doug Casey | Category: Financial NewsThe base metals were all leaking red on Tuesday. Outside of a brief morning blip up, copper declined from the pre-dawn hours straight through, finishing at its intraday low of $1.4256/lb., down 11 cents from Friday. Pretty much the same story for nickel, which closed at its intraday low of $4.4006/lb., down more than 20 cents.