a bear market for copper?, page-29

IMO if the world goes into a decade of decline (which I think is probable) the price of oil will come off just as it did in GFC1 where it went down to $30 odd a barrel.
The urgency for alternatives will also back right off not to mention hybrid cars are very expensive and 100% electric cars are very limited in range and recharge time..
This will improve off course...

I could be wrong but I just don't see any evidence to support
"Billions of cars in the next few years will be replaced by electric/hybrid types."

We see copper production has reduced this year with depleting mines and multiple strikes worldwide yet Comex inventories are still climbing and the LME inventories are close to mid GFC highs...I will eat my hat if copper goes to $12,000 ton as some so called experts have predicted..

If China's property bubble bursts as some suggest it will be game over for all commodities and the AU$....

Getting interesting to say the least.