| Author | Message | ||
     Ashton Side Hero Username: Ashton Post Number: 8244 Registered: 05-2008 Posted From: 66.90.104.94 Rating: N/A |
http://online.wsj.com/article/SB1000142405270230329930457557 0062957731560.html?mod=WSJ_hp_LEFTWhatsNewsCollection LONDON—J.P. Morgan Chase & Co. will launch a physical copper exchange-traded product, according to a filing made late Friday to the U.S. Securities and Exchange Commission, marking a further bullish stamp of approval for the metal as prices approach new all-time highs. A start date was not given in the filing. The product aims to offer institutional and retail investors a way to participate in the physical copper market through an investment in securities without having to buy and store the metal themselves. The logistics of transporting and storing physical copper will be dealt with by J.P. Morgan's warehousing firm, ... |
