Hedge Funds Raising Gold Wagers Dump Copper “China rules the copper market, and it’s obvious that there are no reasons for this market to move higher as supply is ample, and demand is sluggish,” said Peter Jankovskis, who helps oversee $3.5 billion as co-chief investment officer of Lisle, Illinois-based OakBrook Investments LLC. “Gold, on the other hand, is seeing some buying given the turmoil in many countries, but what remains to be seen is if the rally can sustain in the face of tapering.” Source - https://www.bloomberg.com/news/2014-02-02/hedge-funds-raising-gold-wagers-dump-copper-commodities.html