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Copper futures hit highs not seen in a decade last month and are up 90 percent over last year. The good news for small investors is that there are cheap, though risky, ways to jump on the copper bandwagon.
The government; business pledges to reduce carbon emissions; a copper buying spree by China; and an infrastructure plan for the United States all bode well for the prospect of a copper boom.
Copper is used in a vast array of consumer and industrial applications. It can be found in everything from electrical wiring to batteries, pipes, motors, household appliances, heating and cooling systems, jewelry, and many more.