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Commodities And Monopolies
Wednesday, December 22, 2010 - 10:44am
Corporations are prohibited by law from holding a monopoly on a particular industry. But the same cannot be said for investors, who are able to hold huge amounts of the world's commodities. The Wall Street Journal has published a story focusing on the copper market, in which a single trader...
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David Threlkeld Sees Copper At $1
Tuesday, June 8, 2010 - 7:11pm
David Threlkeld of Resolved Inc. said on CNBC's Fast Money that copper is falling the way any market that is in the fundamental surplus should fall. The cash cost of copper production is $1 per pound, and the world is producing 10% more than it is consuming. We are accumulating copper since 2005,...
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