thought everyone here might be interested in this story I just saw on Yahoo....the short of it is that some of the big boy banks are pulling out or wary about lending to the huge metal companies that import copper to the US (lending money based on their copper stock)....apparently there is a HUGE scandal about fake receipts etc for stock that may or may not have existed. This means that there MIGHT be a shortage of copper in the next 6-12 months as existing supplies are gone through...
THAT could certainly spike domestic prices for copper....no guarantee, but hey, something to keep an eye out and maybe if you have space hold when we are getting closer and closer to the 6-12 mon period form now.....remember, USE THE INFO AS JUST THAT...INFO, NOT something to BET THE HOUSE ON...
here is the link if you want to read...
http://finance.yahoo.com/news/china-...9--sector.html
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