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Thursday, January 27, 2011, 10:09 AM Unconcerned that China and India are tightening monetary policy, Jim Rogers sees commodities as a win/win investment. “If the world economy gets better, commodities are going to make a fortune. If the world economy does not get better, commodities are the place to be because they are going to print more money." 4 Comments [Global & FX]
Tuesday, January 25, 2011, 12:16 PM Futures markets are expecting a fall in the price of copper, but Robin Bhar of Credit Agricole sees a widening supply deficit as reason the highs have not yet been hit. In the meantime, the worldwide scramble for supplies continues. JJC -3.0%. FCX -2.9%. Comment! [Global & FX]
Thursday, January 20, 2011, 2:17 PM Société Générale sees overheating in China reaching "peak frenzy" in mid-2011, followed by a sudden reversal which could see bank shares fall 50-75% and copper halved. True inflation - measured without the benefit of price controls and rejiggering - is closer to 8%. Comment! [Global & FX]
Tuesday, January 18, 2011, 10:16 AM Macroman notes that Shanghai has fallen below its 200 day moving average and considers the worrying implications for commodities, whose fortunes have tracked Chinese shares. A divergence in performance, starting in mid-November, has widened significantly. Comment! [Global & FX]
Thursday, January 13, 2011, 7:17 AM Lundin Mining (LUNMF.PK) and Inmet Mining (IEMMF.PK) agree to a 'merger of equals' to create a Canadian copper miner with a market value of ~C$9B ($9.1B). The deal comes as copper nears record highs, and Canada's mining industry consolidates. Comment!
Wednesday, December 22, 2010, 7:16 AM A mystery trader holds 80-90% of the copper in London warehouses, a stake worth ~$3B and equal to roughly 50% of the world's exchange-registered stockpile. Copper's not the only metal where single traders are getting aggressive, and investors are worried. 5 Comments
Friday, December 10, 2010, 8:19 AM In echoes of 2008, commodities, many at multi-year or all time highs, appear to be an accepted asset class. "We are seeing investors flock to commodity resources," notes an analyst, "that pattern will continue regardless if prices move higher or lower." If they move lower? 6 Comments [Global & FX]
Tuesday, December 7, 2010, 7:39 AM It turns out the mystery buyer of more than $1B of copper is JPMorgan (JPM). Though the revelation has alleviated some concerns that a single trader was trying to corner the market, investors are still worried about an impending supply shortage. Copper futures +2.5%. 2 Comments

CU First Trust ISE Global Copper Index ETF

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First Trust ISE Global Copper Index ETF