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The Folly Of Commodities


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This one struck me as hilarious:

 

http://www.reuters.com/video/2012/03/27/the-real-story-behind-shanghais-copper-s?videoId=232334803

 

but of course it isn't funny that everybody is paying so much more for copper because of it. And we were all thinking goodness, what they must be doing with it all! When will those warehouses burst open and flood the market?

 

The ones that got a safe game are those who salvage it (or swipe it from all those foreclosed homes in the U. S.) and sell it to the Chinese.

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Yeah, it's not funny that these kinds of games can affect so many lives.

There has been a rash of copper thefts recently.

 

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