How Speculators Are Crippling the Copper Industry
Posted: Mon Oct 25, 2010 4:01 am
Great 4-part article about the copper industry posted 10/21/2010 in Spiegel Online:
Hedge funds and other major investors are always looking for new places to park their cash. Now copper is attracting the hot money, causing the price of the metal to fluctuate wildly. Key industries are warning of the consequences.
By Jens Glüsing , Alexander Jung and Thomas Schulz
Complete article here:
http://www.spiegel.de/international/bus ... 40,00.html
Hedge funds and other major investors are always looking for new places to park their cash. Now copper is attracting the hot money, causing the price of the metal to fluctuate wildly. Key industries are warning of the consequences.
By Jens Glüsing , Alexander Jung and Thomas Schulz
Complete article here:
http://www.spiegel.de/international/bus ... 40,00.html