Forum Discussion
MEXICOWANDERER
Jun 13, 2016Explorer
800,000 tons of copper ingots would avalanche the copper market. Markets and people who play the commodities game are psychotic IMO. After the crash they would run around thoroughly convinced a billion ton dump "is forthcoming". Look at the history of THE HUNT BROTHERS and silver. That was long enough ago to be before the age of "ME!" Then came Orange juice, Coffee, and Anti-Freeze.
People who do NOTHING for a living fully deserve to be paid commensurately. Look what greedy Bank speculators did to the Looney. It is now laughingly called "The Canadian Peso". Go to the Chicago Mercantile Exchange and discover why sixty cents worth of metal is now worth ten dollars. They wanted petroleum $. What these fool Canadian Banks got was a petroleum BUST and the Canadian people are paying the tab.
NINETY FIVE PERCENT of the world's population use 5% of the electrical metals. There are tens of millions of people down here in Mexico who own 3% of the copper that the average American consumer has. So pure number population #'s game stats are misleading.
People who do NOTHING for a living fully deserve to be paid commensurately. Look what greedy Bank speculators did to the Looney. It is now laughingly called "The Canadian Peso". Go to the Chicago Mercantile Exchange and discover why sixty cents worth of metal is now worth ten dollars. They wanted petroleum $. What these fool Canadian Banks got was a petroleum BUST and the Canadian people are paying the tab.
NINETY FIVE PERCENT of the world's population use 5% of the electrical metals. There are tens of millions of people down here in Mexico who own 3% of the copper that the average American consumer has. So pure number population #'s game stats are misleading.
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