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<p>[QUOTE=&quot;Ginger1, post: 1994657, member: 72388&quot;]The copper price hikes don&#039;t necessarily signify rampant speculation that is bound to end with a crash. The price of copper generally represents a pretty accurate barometer of the demand for it in the real world, rather than an irrational bet on its future value.Copper is a cheap, plentiful metal with lots of useful properties: It resists corrosion and is an excellent conductor of heat. As a result, it can be found in the intestines of a good chunk of the world&#039;s industrial economy. Plumbing, radiators, electrical wiring, and air conditioners all require copper. And copper has been benefiting from some pretty significant trends. First, there&#039;s the global housing and construction boom.And it&#039;s a great coincident indicator. As copper&#039;s fortunes go, so goes the world economy.[/QUOTE]</p><p><br /></p>

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