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<p>[QUOTE=&quot;Morgan1878, post: 740843, member: 17869&quot;]Although construction in our country has slowed down, it&#039;s positively booming in China and emerging market countries. There was an analysis done computing the average amount of copper plumbing and wire that would get used for construction in those countries and the upshot was that the long-term scenario for copper was positive although as you say the price can whipsaw rather violently.</p><p><br /></p><p>As far as physically holding copper, evidently in China pig farmers and other private speculators have quite a sizable stash. One reason they do this is the simple reason that copper is more affordable than PM&#039;s.</p><p><a href="http://www.bloomberg.com/apps/news?pid=newsarchive&amp;sid=a1B_ZBQfii8Q" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.bloomberg.com/apps/news?pid=newsarchive&amp;sid=a1B_ZBQfii8Q" rel="nofollow">http://www.bloomberg.com/apps/news?pid=newsarchive&amp;sid=a1B_ZBQfii8Q</a>[/QUOTE]</p><p><br /></p>

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