banks face vast losses in copper mayhem

a must read ...

Extract from the London telegraph :

'The spike in copper prices over recent weeks has left a group of banks and operators on the London Metal Exchange (LME) nursing vast losses, raising concerns about the stability of the commodities market.'




http://www.telegraph.co.uk/money/main.jhtml;jsessionid=22XH3JM5Y4JBJQFIQMFCFF4AVCBQYIV0?


i did warn you it might get messy !

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