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It will be interesting to note what happens in the copper market this week.
1 posted on 03/16/2014 3:36:31 PM PDT by Sawdring
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To: Sawdring

Copper wire theft is endemic in Fresno.


2 posted on 03/16/2014 3:39:24 PM PDT by stboz
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To: Sawdring

Drug addicts who have depended upon copper thefts to support their habits will be devastated.


3 posted on 03/16/2014 3:39:52 PM PDT by House Atreides
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To: Sawdring

an unseemly amount of China’s credit markets are loans collateralized by warehoused copper. No one really seems quite comfortable with how good the recordkeeping is, either, meaning there is a risk that the same lot of copper may be collateral on many different transactions.


4 posted on 03/16/2014 3:40:06 PM PDT by babble-on
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To: Sawdring

5 posted on 03/16/2014 3:47:48 PM PDT by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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To: Sawdring

Oh well, I guess we will reload brass rather than sell it.


6 posted on 03/16/2014 3:59:05 PM PDT by mylife (Ted Cruz understands the law, and is not afraid of the unlawful.)
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To: Sawdring

If the deal was “guaranteed by a letter of credit”, how did the trader take a large loss?


10 posted on 03/16/2014 4:27:18 PM PDT by glorgau
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