Red Bull: The World's Most Informative Metal

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"Copper has slumped to a ten-month low, but it is less sensitive to the ups and downs of rich world economies than it was."

The Economist

copper

The locked doors of a public library in West Norwood, a drab part of south London, are an unlikely economic indicator. But a plaintive note explaining the closure—thieves have stripped the roof of its copper cladding, letting in rain on the books below—hints at profound changes to the global economy. And copper is the metal most intimately affected.

However, as fears of a double-dip recession mount copper has slumped to a ten-month low. But copper is less sensitive to the ups and downs of rich-world economies than it was. For that, blame China. . .View Full Article

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