I have no idea either on the whole economy side of things, hopefully we are close to the spike of it all.
but I guess the last recession copper wasn’t in massive demand like it is (1991?) Even in the last financial crisis (2008 ish?) we weren’t using as much copper that’s why there would have been a fall.
not comparing copper to gold obviously gold will always be something to hold over cash but I personally don’t see the price dropping like it previously has on money struggles. I see it holding flat or a slight drop.
I’d say by the time this copper is out of the ground the crisis will be over, yeah it could drop by then but more reason to make a bigger holding in my opinion anyway.
could potentially slow down the DFS etc… but yeah hopefully it’s almost over. Who knows
CVV Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
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