In the last year, copper has doubled in price. That’s gotta hurt. Started out around $1.50US, it’s now tickling $3.
Click on the link to see the charts.
Kitco – Spot Copper Historical Charts and Graphs
Here’s some useful information, from Copper Facts
Copper has been mined for over 7,000 years. The Island of Cyprus in the eastern Mediterranean was a major source copper for the ancient world. The word copper originates from the Roman name for Cyprian metal cuprum. The abbreviation of cuprum and the symbol on the Periodic Chart of Elements is Cu.
Copper is one of the oldest metals and has been important throughout the development of civilization. And it continues to play a crucial role in our global economy today. Copper consumption continues to grow — due in part to its physical properties of high ductility, malleability, thermal and electrical conductivity, and resistance to corrosion. It is a major industrial metal ranking third after iron and aluminum in terms of quantities consumed.