| As copper goes, so goes the Federal Reserve. At least, that's what the market thinks. Copper's ebb and flow are thought to lend insight into global momentum (or a lack thereof) because it's used in everything from household appliances to the wiring that powers them.
The highly conductive metal is seen as reliable gauge of economic health: Hence, its oft-used honorific, "doctor." The transformation of the commodity into a form of collateral, however, (China has stockpiled enough copper to build 30,000 Statues of Liberty) has somewhat diminished the extent to which it still serves as the planet's financial pulse..............................................Full Article: Source
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