Hmm now that JP Morgan is in the market for copper etf's and has reserves of 61,800 metric tonnes @ approximately $8k per tonne which is only about $5b, and the way JP Morgan does things, Im pretty sure the price of plumbing is going to go up.
This is fu**en stupid. They wanna bring the shenanigans of the gold and silver markets into copper, great idea.
good thing I have 100s of lbs of it. Youd be amazed what you find at the dump. I usually find enough scrap to pay my fee sometimes more