Interesting times, many thought Trump would avoid this chestnut, but looks like he is after it.
We will all know of Dood-Frank and how it was introduced to basically control money derivatives, lots of em and all sorts, who could forget "sub prime" or collateralised debt obligation (CDO's)
Anyway for us it's paper copper, sure we have to see if he is kidding, but I somehow doubt it, which would put copper paper back in play big time and the only possible result will be an increase in the price of the underlying, or more clearly the stuff Tony digs up!
As a direct response to the U.S. financial crisis that occurred in the United States during 2007-2008, the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) was signed into law in 2010.
This is for sure one to watch.
Cheers
Phil.
