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Copper spot price showing 2.28!

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  1. #1
    cobre collector started this thread.
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    Copper spot price showing 2.28!

    Kitco - Spot Copper Historical Charts and Graphs - Copper charts - Industrial metals

    I hope this is a mistake!


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  3. #2
    Mick's Avatar
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    It's been over three hours so if it had been a computer glitch, it would have been corrected by now.
    People may laugh at me, but that's ok. I laugh all the way to the bank.

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    i was wondering what that loud CRASH was a few hours ago

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    Ouch!

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    Just saw on NHK world news out of Tokyo, several major worldwide metal company stocks are down by 70-80%, although i didn't catch over what time span. I did however hear them say metals were down due to the weak economy and there were no indications/speculations as to when it might go back up

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  8. #6
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    yikes!!! I was hoarding my copper stash!

  9. #7
    Ecycle Atlanta's Avatar
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    Quote Originally Posted by asandahl View Post
    yikes!!! I was hoarding my copper stash!
    I recommend hoarding it for at least another 4 years because after this past Tuesday we wont be seeing any recovery soon...unless China wants to keep loaning us money.

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  11. #8
    skrRecycling's Avatar
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    Just talked with my guys, copper is fine its kitco that has a problem
    'There is two kinds of people in this world, One opens his wallet and pays for it, and the other opens his toolbox and fixes it' Quote from my grandfather, A quote me and my father live by.

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  13. #9
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    Just checked the Kitco site and copper is suddenly back up to $3.42...pound.

  14. #10
    skrRecycling's Avatar
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    Not sure why kitco has these problems, i have the app on my crackberry and yes second time this has happened. Why i always look at LME and CME on the computer just to make sure, and o/c a quick phone call to your buyers helps

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    When I saw this post I didn't believe it. Always research.

  16. #12
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    good, i was going to clean a bunch of brass tomorrow morning, and i was starting to get upset. i have the widget on my android, and it still says its 2.28, but the website says its 3.42
    We're the renegades of Junk!

  17. #13
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    Quote Originally Posted by shendog View Post
    I recommend hoarding it for at least another 4 years because after this past Tuesday we wont be seeing any recovery soon...unless China wants to keep loaning us money.
    Yea I hear ya! Probably end up giving it away or paying someone to take it from me after that disaster Tuesday!!!


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