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I read the same article over and over in different places. It...

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Fat Harrys Cat

5,196 Posts.

1134

09/06/23

17:43

Post #: 68223171
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Originally posted by peter63: ↑

And from today's West Australian newspaper:
(edited)
COPPER PILE-ON

BLOOMBERG

Investor exposure to green energy fuels buying frenzy of go-to commodity
Investors look set to pile into the copper market on an unprecedented scale in the next few years as usage surges in electric vehicles and renewable energy, according to Citigroup.
“If you want to put on a decarbonisation trade in commodities, the only truly liquid commodity is copper, and it’s the most liquid by a country mile,” Mr Layton said. “Copper’s unique characteristics mean that it could make oil’s 2008 bull run look like child’s play"

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I read the same article over and over in different places. It makes sense and is logical. But it seems that investors don’t believe it. SP remains stagnant.

AR1 Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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