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Scoop from TraderWise
1

Bloomberg: Copper Demand is Now "Weak" in China, but No Worries - Goldman Sachs and JPMorgan are on the Scene

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We've been keeping a close eye on copper of late. [Feb 2, 2010: Trader Who Called 1996 Crash in Copper Says Prepare for Another - "Catastrophe" Awaits]   Funny thing, is despite rampant inventory build the earthquake in Chile (one of the world's largest producers of copper) allowed an opportunity for speculators to run in and ramp up the price Monday, even though the mines where copper is sourced were not near the earthquake zone, and were only offline for a day or two.  B

 
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