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To: Free Vulcan

The Chinese have badly exacerbated the copper situation, and I believe copper could lose $3. (VERY bad for BHP, FCX)

They have stockpiled copper in vast qtys to front run the “infinite” demand, SOME Chinese have borrowed money against same, and some have used copper as a way to get money out of their banking system. I don’t think this is one day or 30 days in the life of copper.

I pulled 200+ lbs of Cu out of the house I remodeled last year. I was a dope not to sell it.


23 posted on 04/17/2013 8:32:53 AM PDT by Attention Surplus Disorder (This stuff we're going through now, this is nothing compared to the middle ages.)
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To: Attention Surplus Disorder
"The Chinese have badly exacerbated the copper situation, and I believe copper could lose $3."

Copper is at 3.20 now. Do you really think it can lose $3 and go down to 20 cents? (Honest question, not being a wise guy)

29 posted on 04/17/2013 9:00:47 AM PDT by Enterprise ("Those who can make you believe absurdities can make you commit atrocities." Voltaire)
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