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Copper Prices Update: Prosper As Copper Becomes the "New Gold"
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Copper Prices Update: Prosper As Copper Becomes the "New Gold"

By Peter Krauth, Resource Specialist, Money Morning - November 11, 2011

The Statue of Liberty is one of the most recognizable American icons in the world.

And as she towers 305 feet above Ellis Island, what's Lady Liberty wearing? Copper - 60,000 pounds of it.

Clearly, copper's big in art. It's also a key metal that keeps the world economy humming. Copper consumption has grown at an average annual rate of 4% since 1900.

Read More…

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