Copper is essential in building infrastructure . Maybe their just hording this stuff in preperation to massive building projects .Copper is not the only commodity the chinese are trying to hoard . Their also trying to goble up energy sources as well .CEO is trying to buy up oil @gas companies all over the world .I would not consider these people as stupid .While america stands around claiming that the energy and commodity bubble has popped , the chinese are going around quietly grabing all the commodities then can at cheaper prices because ,as I said , americans think the commodity bubble has popped and therefore prices will come down ,so the chinese can take advantage of america's stupidity .
China & Copper: Prepare for Crisis [View article]