http://news.bbc.co.uk/2/hi/business/8541640.stm
Chile is one of the biggest producer of copper in the world, with a minimum of 20% of the world production. A supply shortage in copper will lead to an arbitrage opportunity .
I think that the price will go up more than $7600 and we might have a bubble.
Most of the mines are not affected so I surely believe that as a short trader , money can be made in a 3 months period before the market comes back to normal.
Wednesday, March 3, 2010
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