The copper price is known to be the metal that reflects or forecasts where markets are headed. Not saying it isn’t.
My opinion only but while a recession has some far reaching effects depending on its severity I don’t think this one will be the worst by any stretch. Barring conflict escalation there just doesn’t seem to be enough doomsday factors present for me. We’ve just had it very easy for a long time, so we need to re-cage.
The EV boom will continue and as it’s own sector will sail through this better then most IMO.
No need for pessimistic comparisons with companies developing other commodities IMO, it’s too much of a stretch. The biggest factor in this process is management nouse IMO. Where’s that comparison?
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3 | 162820 | 0.078 |
10 | 357220 | 0.077 |
9 | 659325 | 0.076 |
21 | 863164 | 0.075 |
Price($) | Vol. | No. |
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0.080 | 48205 | 1 |
0.081 | 406507 | 3 |
0.082 | 249000 | 2 |
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