Copper Price Suggesting Market Correction: Colvin

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main reasons for the decline in copper prices in 2014?
Decrease in housing demand
Slowdown in China's economy
Increased copper production
Rising oil prices
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do central banks influence copper prices?
By increasing copper supply
By controlling market volatility
By reducing industrial demand
By setting copper prices directly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the relationship between the stronger dollar and copper prices?
Stronger dollar leads to higher copper prices
Stronger dollar has no effect on copper prices
Stronger dollar leads to weaker copper prices
Stronger dollar causes copper prices to fluctuate randomly
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What price level is considered a psychological line in the sand for copper?
$3.00
$3.50
$2.50
$4.00
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a suggested trading strategy if copper prices dip below $2.95?
Increase short positions
Hold existing positions
Exit long positions
Buy more copper
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