Trent I agree we would have to see the original quote to verify this but
If we use his last sentence
"Copper's intensity of use will collapse at a time when the global economy will be under stress not just for one or two years, but for a decade, to borrow the reported words of Marius Kloppers, the CEO of BHP Billiton."
We know that copper substitutes are already making an impact so if you add a GFC2 then copper will probably revisit the lows of GFC1 although over sold IMO...also I guess MK is taking into account the new supplies coming on line from China and Africa not to metion the large ramp ups in South America, Canada and Australia...
What do you think?
a bear market for copper?, page-24
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