Very interesting piece by the BBC - today's installment focuses specifically on the copper market. The cost of mining remains constant yet the cost on the world market is skyrocketing. Did you know that major investment houses [[e.g. Goldman Sachs, JP Morgan) have also bought up international warehousing facilities? An estimated 10% of the copper produced in 2009 might be stockpiled and essentially invisible to the commodities markets, creating the illusion of restricted supplies.
Copper now, food stocks and arable land in the future?
Bubble Trouble? - Part Two
[[Part One focuses on cocoa beans, grains, land, and other commodity investments being pushed by financial entities instead of stocks.)
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