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Ignoramus18103 Ignoramus18103 is offline
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Default Why aluminum prices are up; copper to follow

On 2013-07-21, wrote:
On Saturday, July 20, 2013 10:37:23 PM UTC-4, Ignoramus8648 wrote:

Storage costs is what Goldman is jacking up. But that only affects

futures pricing and settlement. It has no effect on off-exchange

aluminum trading.



i


Nice to see that someone understands what is happening.

Actually as I see it the storage cost per month of storage is not
increasing. It is just that the length of time that one can store
aluminum is increased.


Dan, how about I start plumbing repairs to your house, and keep hourly
prices steady, but charge you 5 hours for toilet repair, instead of 1
hour. You would not be happy.

i