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How Speculators Are Crippling the Copper Industry

PostPosted: Mon Oct 25, 2010 4:01 am
by egwiley
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

Re: How Speculators Are Crippling the Copper Industry

PostPosted: Wed Oct 27, 2010 7:01 pm
by Ardent Listener
A stable dollar and other fiat currencies would help to stabilize copper and other commodities prices.