War-related price increases continue

Bob Morris, on Feb 17, 2008, 7:49 pm

The price of ammo here in the US is soaring, a direct result of copper shortages due to the Iraq and Afghanistan wars.

http://www.guyotbrothers.com sguyot
I suspect that the current developing infastructure in China and India may have more to do with climbing copper price than ammo needs in Iraq and Afghanistan. A quick glance at the commodities section of the WSJ may reveal an increase in speculator activity as well.