copper demand Gents,
The underlying long term price trend for copper (and any other commodity) will always be driven by supply and demand. I'm currently living and working in China and watching the Chinese govnerment slowly squeezing the brakes on a juggernaut - they'd like to think they're in control. This baby ain't going to slow down for decades. Its experienceing the sort of growth the States had after the second world war (without the war) and then some. This isn't a temporary blip in demand - its a step change in the system.
The copper price might have short term and possibly dramatic (emotion driven) drops but only short term. Unless someone can tell me about the mining operations that are about to soak up all that demand - in which case great. I'm in the civil explosives game....
Cheers,
Stu
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