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Copper at a 16-month low: from Doctor Copper a negative prognosis for the economy

The prognosis is not good for the global economy. To remind us – if ever there were any residual doubts – there is also Doctor Copper: copper, whose prices have fallen by more than 20% since the peak in March, ending Thursday 23 at the lows of 16 months, 8,564 dollars per ton at London Metal Exchange.

The red metal, precious for its infinite industrial applications, is said to signal the health conditions of the manufacturing system in advance and therefore the future trend of GDP. And for some time …

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