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
To: Sawdring
Copper wire theft is endemic in Fresno.
2 posted on
03/16/2014 3:39:24 PM PDT by
stboz
To: Sawdring
Drug addicts who have depended upon copper thefts to support their habits will be devastated.
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
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!)
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.)
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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