Copper Collapse Chills Chile ETF
March 14, 2014 at 11:00 AM EDT
With Thursday’s close at $35.46, the iPath Dow Jones-UBS Copper Total Return Sub-Index ETN (NYSEArca: JJC) is trading at its lowest levels since the third quarter of 2009. That means copper futures are plunging, but the bad news is not confined to JJC or ETFs such as the Global X Copper Miners ETF...