I know the answer. Ben Bernake does not need copper to print $85 billions a month. 'nuff said.
Banks do not need copper prices to go high when they get free money for their junk,
You do not need copper to be profitable in the stock market.
Copper is for the hard working low-lifes, Not for sophsiticated Fed and Bank officials.
One has to ask why someone would bother to cut out the copper pipes in a forelososure in Detroit, or in Miami? When Copper as a mineral is trading at almost, if not, record lows?
Having been a homeowner, a few times, back in the better days, I had copper piping.. The homes I owned were well built, and are still standing; even in harsh and inclement weather. Most newer homes use PVC piping, and have for more than 20 years.