[SBE] Copper Thefts Linked to New Currency Standard?

[Jim Bernier]

That seems contrary to other observations...

http://bloomberg.com/apps/news?pid=20601012&sid=aGo0BYM0EpwU&refer=commodities


----- Original Message ----- 
From: "Kevin C. Kidd CSRE/AMD" <kkbroadcastengineering at gmail.com>
To: "sbe member discussion mail list" <sbe at sbe.org>
Sent: Thursday, April 16, 2009 11:18 AM
Subject: Re: [SBE] Copper Thefts Linked to New Currency Standard?


Copper is headed back up steeply.  Up about 10% in the last week or two.

One of my copper suppliers is telling me that rumors are circulating
that it could be back to last years $4+/lb Comex price by mid summer.



Benedict, Raymond C wrote:

> I don’t know why as it won’t affect supply and demand.  The price of

> copper has plunged over the last few months so I suspect the theft

> problem may go away.

>



-- 
Kevin C. Kidd, CSRE/AMD
WD4RAT
mailto:kkidd at kkbc.com

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