Sunday, January 2, 2011

Record high for copper

2011 is starting out as a banner year. I am talking about max prices. For example, an all time record high for copper. OK some blame a weak dollar for the high price. Sadly, there are many more reasons. I feel a shortage is coming. Basically, it will make for expensive wire. This will certainly affect us. Steven Gibbs electromagnet contains at least ten pounds of copper magnet wire. High cost of copper will drive up his prices.

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