JP Morgan got Approved for Copper ETF's

Discussion in 'General Precious Metals Discussion' started by GiLa, Dec 20, 2012.

  1. GiLa

    GiLa New Member

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    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.
     
    GiLa, Dec 20, 2012
    #1
  2. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    Well i'm sure then that electricty companies will be able to blame them for electricity price hikes
     
    Naphthalene Man, Dec 20, 2012
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  3. GiLa

    GiLa New Member

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    True, there goes blaming carbon tax
     
    GiLa, Dec 20, 2012
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  4. Austacker

    Austacker Active Member

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    Who's stacking copper ? lol
     
    Austacker, Dec 20, 2012
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  5. Guest

    Guest Guest

    This is fu**en stupid. They wanna bring the shenanigans of the gold and silver markets into copper, great idea. :rolleyes:
     
    Guest, Dec 20, 2012
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  6. Au-mageddon

    Au-mageddon Active Member

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    gonna see some love for the post florins now then ??

    ... with their 50% coppery goodness :D
     
    Au-mageddon, Dec 20, 2012
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  7. renovator

    renovator Well-Known Member

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    :lol:
     
    renovator, Dec 20, 2012
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  8. renovator

    renovator Well-Known Member

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    The price of copper will be as much as silver in no time
     
    renovator, Dec 20, 2012
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  9. RhythmDoctor

    RhythmDoctor Active Member

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    I'm gonna register CopperStackers.com, then sell it to GP... :p
     
    RhythmDoctor, Dec 20, 2012
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  10. Sargeant Argent

    Sargeant Argent New Member

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    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
     
    Sargeant Argent, Dec 20, 2012
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