9/28/12
The rise of the Shanghai futures exchange for copper warehouse inventories
Just as one example of about a million datapoints we could use to measure the rise of Shanghai (and the fall of the LME), on November 4th the LME warehouses held 71.7% of world inventories.

![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
