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Copper ETF Plan Would ‘Wreak Havoc’ | |
May 23, 2012 US manufacturers have attacked plans by JPMorgan Chase to launch an exchange-traded fund backed by physical copper, arguing that the product would “grossly and artificially inflate prices” and “wreak havoc on the US and global economy”. The FT reports. Source: http://www.cnbc.com/id/47544382?__source=RSS*tag*&par=RSS |