Seeking Alpha

Copper futures (JJC +2.2%) jump 3.3% to their highest settlement in five months as investors...

Copper futures (JJC +2.2%) jump 3.3% to their highest settlement in five months as investors flocked to buy in the wake of the Fed's QE3 decision. TD Securities' Bart Melek is mindful that U.S. copper demand had slumped 18% in 2009 before the launch of QE2; by Q4 2011, demand had surged 9.4% Y/Y to 424K metric tons.
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