BUD , YES... RICHTER MAGNITUDE AND STRUCTURAL INTEGRITY ARE FACTORS. but also to be considered are duration and distance from epicenter.Any disruption of the world class copper mines in the Atacama has quite a large impact on global prices.
Understand on the surface, not sure how/what Chile does to reinforce thier copper mines against falling in but Im sure we will hear more over the weekend (takes time to get the word out, thought last report was about 200 dead I believe I read somewhere but can not find again).
ok thank you, so that explains the rise this am and now is a good time to short this pig and cover in a few days after all the hype is settled down.
there is no shortage of copper in the world but people will jump all over this in the short term