For those who may not have been keeping a close eye on the copper market, now may be the time. Recently, three-month copper futures reached $11,200 a ton on the London Metal Exchange. Crucially, this marks a new all-time high price for the metal. As such, it’s fair to assume that copper may be getting even more attention and interest from the market in the days to come. However, it’s important to understand exactly why copper prices are surging so much. Recently, Jacob White, CFA, ETF Product Manager at Sprott Asset Management, examined the factors driving the copper rally. In White’s analysis, he noted that copper’s ... (full story)