Several banks and funds, including JP Morgan and BlackRock Asset Manangement have signalled that they plan to create exchange-traded products in physical copper. Like the gold exchange-traded products, investors will be able to buy an amount of real metal, held on their behalf in warehouses, rather than copper futures and it is the need to acquire the physical product that has roused suspicion that it is a financial institution hoarding physical metal in preparation for the launch of its ETP.
http://www.theglobeandmail.com/report-on-business/economy/economy-lab/carl-mortished/metal-hoarders-playing-a-dangerous-game/article1827727/?bcsi_scan_24DE46460B4E2EF0=d+cs4Aw7/suWcjs/Vs90bd9Vn48SAAAAL5feDA==
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