31.10.2014 - Huh! Where did that copper market surplus go?: Andy Home
"Who's got all the copper?" was the headline question in my last column on the copper market at the end of September. The answer, according to the Wall Street Journal, is Red Kite, the specialist metals hedge fund set up by Michael Farmer, a man who was trading the copper market before many younger readers were born. Well...maybe. But...maybe not. It's always a bit tricky to say in the hall-of-mirrors that is the London Metal Exchange (LME). What is not in doubt is that someone has been exerting a vice-like grip on LME copper stocks for many, many weeks...............................................Full Article: Source
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