Thread: Copper prices
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Edwin Pawlowski Edwin Pawlowski is offline
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Default Copper prices


"Eigenvector" wrote in message

I just cant see that. While China and India may be modernizing, they have
their own supply of metals to draw from and they've been doing so for
years - so it's not just that. That is one part of the equation yes, not
all of it. No matter how dramatic the demand has risen, it hasn't risen
enough to make the price of 250' 12/2 Romex jump from $89 to $140+ in 2
months - that's more than 50%.


It is a major portion of it. They may have lots of metal in the ground, but
they can get if faster and refined from over here. The more you look into
it, the more you will find out just how fast China is expanding.

Aside from all of that, it seems as though all the commodities take turns
gouging the consumer. Steel skyrocketed a couple of years ago, then oil,
natural gas jumped. Someone is making a fortune