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Copper supply shortages will extend into the first half of next year, Barclays estimates, as an...

Copper supply shortages will extend into the first half of next year, Barclays estimates, as an accelerating Chinese economy more than doubles the pace of growth in global consumption. Demand will outpace supply by 316K metric tons in H1, more than all copper in London Metal Exchange warehouses, before a surplus emerges in H2.
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Comments (6)
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    What? Did I miss something? The Chinese economy is "accelerating?" What happened to all the copper being piled up in Chinese warehouses as a store of wealth and an inflation hedge?

     

    Does this mean the copper pipes in my buildings will be ripped off yet again?
    29 Nov 2012, 09:45 AM Reply Like
  • saratogahawk
    , contributor
    Comments (1983) | Send Message
     
    Tony if you email me your address I will send my guys over tonight to get your pipes and any copper wiring as well.
    29 Nov 2012, 10:15 AM Reply Like
  • eppf2
    , contributor
    Comments (244) | Send Message
     
    >>Does this mean the copper pipes in my buildings will be ripped off yet again? <<

     

    Distinct possibility!
    29 Nov 2012, 09:52 AM Reply Like
  • BlueOkie
    , contributor
    Comments (5391) | Send Message
     
    States are requiring a license to sell copper again. Think it'll stop the crooks? Nah, just encourage them. I'm holding onto my FCX. We cannot build without metals. It'll come back some day
    29 Nov 2012, 10:03 AM Reply Like
  • BSmith8592
    , contributor
    Comments (10) | Send Message
     
    I have been holding this stock for several years now. It is very volatile but I expect it to reach new highs in the coming year.
    29 Nov 2012, 02:10 PM Reply Like
  • eppf2
    , contributor
    Comments (244) | Send Message
     
    For my part I'll stick with SCCO for a copper play.

     

    Why, you may ask:
    1) They have a very nice dividend.
    2) They are profitable with copper above $3.
    3) Most of their production is in relatively secure countries.
    30 Nov 2012, 09:08 AM Reply Like
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