What happened to copper?

[Doctor Steuss]

A near-instantaneous drop of over a dollar...

Glitch, shenanigans, or something else?

[Morsecode]

Haven't we seen this before out of Kitco? Nickel price went nuts once. Copper mining stocks are up as of noon...has to be glitch.

[henrysmedford]

I do not know what happened but here are some live charts.

[joeinnj]

Here's a Bullish artical for copper.
Yet it is getting hammered so far today.

http://news.goldseek.com/GoldSeek/1352471663.php

[camtender]

Per Coinflation.com that I thought was driven off of Kitco...........

Table based on November 09, 2012 mid-day base metal prices:
Copper $3.3830/lb 0.0809 Zinc $0.8419/lb 0.0173 Nickel $7.2186/lb 0.0736

[justoneguy]

Global Copper Production Under Stress
http://news.goldseek.com/GoldSeek/1352471663.php

[hobo finds]

Yikes! Gotta get to the scrap yard I have lots of #2 ins wire to get rid of... Was .95 - $1.00 a pound, this could be bad

[camtender]

Here is a question.

It appears that Kitco is wrong on copper today (I see nothing else that supports a 30% plus drop today).

If coin stores use Kitco for pricing PM ( think this is industry standard??), I wonder how often PM transactions have been executed with such large errors in pricing?

[hobo finds]

Back to $3.42 lb

[Morsecode]

Yeah, I was thinking the same thing. They left this error up for more than two hours. Who's minding the website? Sheesh