JP Morgan got Approved for Copper ETF's

[GiLa]

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.

 

[Naphthalene Man]

Well i'm sure then that electricty companies will be able to blame them for electricity price hikes

 

[GiLa]

True, there goes blaming carbon tax

 

[Austacker]

Who's stacking copper ? lol

 

[Guest]

This is fu**en stupid. They wanna bring the shenanigans of the gold and silver markets into copper, great idea.

 

[Au-mageddon]

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

... with their 50% coppery goodness

 

[renovator]

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

... with their 50% coppery goodness

:lol:

 

[renovator]

The price of copper will be as much as silver in no time

 

[RhythmDoctor]

I'm gonna register CopperStackers.com, then sell it to GP...

 

[Sargeant Argent]

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