Saturday, October 6, 2012

Copper: 200,000 Tons to Leave Market?

An article on SeekingAlpha.com claims that if the Exchange-Traded Funds providing an opportunity to invest in PHYSICAL copper — there are two of them discussed — ever become reality, 200,000 tons of copper could end up backing these ETFs, in warehouses.

Would that change the spot Market for copper? Seems likely.

Source: http://electricalcontractor.com/?p=6332

electrician in electrician

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