For you to buy copper and/or gold some one has to pull them out of the ground.
The global Au extraction rate has been roughly constant for decades. If the demand side is increasing as the Chinese, Indians and others buy up, that is going cause a squeeze on supply.
You would think that would be good for miners.
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Last
54.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $326.4M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 55.5¢ | 53.5¢ | $705.8K | 1.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 39583 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 294787 | 2 |
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| ALK (ASX) Chart |