Copper
Categories: Investing, Derivatives, Trading
The commodity. (Not the allusion to a police officer by a 1950s ganster.)
It makes cents. It's one hundredth of a dollar, in the form of the round portrait of Abe.
Copper is more of a financey term from a historical perspective. There was an era (the 1950s to 1970s) when the country and the world was connected via copper wire. Yeah, the phone companies weren't wireless back then; they were...wired. Not on espresso. And demand for copper was massive. So much so that it became a prime commodity that was traded globally on a massive scale.
Then came wireless technology and the world...changed.