Will New ETF Distort the Copper Market? (NYSEARCA:GLD, NYSEARCA:SLV)
With new ETFs expected to hold hundreds of thousands of tons of copper, is the spot price about to make a sharp move higher? The Fast Money traders talk with strategic investor Dennis Gartman. CNBC Looks at what happened to gold after the SPDR Gold Trust (NYSEARCA:GLD) etf, and show how silver prices iShares Silver Trust (NYSEARCA:SLV) have risen 180%. Will the same thing happen to copper prices?
You can see the full CNBC interview below: