Buy Copper

(Community Matters) 

After a sustained lobbying effort, the Securities and Exchange Commission late last year approved a plan that will allow JPMorgan Chase, Goldman and the Blackstone Group to buy up to 80 percent of the copper available on the market.

By early next year, according to documents filed with the S.E.C., Goldman plans to be storing copper in the same Detroit-area warehouses where it now stockpiles aluminum. continued