"The problem with copper is that there is only air under the current price," writes Bruce...

|By:, SA News Editor

"The problem with copper is that there is only air under the current price," writes Bruce Krasting. The metal has not participated in the recent risk rally, instead falling to its lowest price since November, surely putting pressure on Chinese lenders and borrowers who have used the metal as a financing tool. Jim Chanos may be right and it's time to shift our focus eastward.