Did I read that correct, "one company holds 90% of the lead warrants and cash contracts"? Was that referring to the copper on LME?
Not exactly sure what this means (if anyone else understands it clearly please explain)... but sounds like a lot of control to me... price shenanigans perhaps?
The fact is the rise in the inventory is actually not that large, but it received a lot of press... it would be good to see which hedgies have been buying copper stocks globally yesterday.
