HCH 0.54% 93.5¢ hot chili limited

Woes of cu, dead cat bounce last month, too much anticpation....

  1. 3,657 Posts.
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    Woes of cu, dead cat bounce last month, too much anticpation. Another gigantic Chinese developer missed payment for the 1st time, but since Jinping was elected he blocked 95% of economic data releases, so westerners are really having 2nd guesses.

    USA has encouraging eco figures, inflation 2.3% so if its a barometer its not all doom and gloom.

    Have to feel for Argentina in their hole of misery 10% month, yep 120% pa heading to 180% would hate to be digging anything there.

    New Boeings 777X replacing 747s need 9,000lbs cu, we need 20mill ton cu to make enough windturbines to survive going dark, flying EV's using new light weight carbon fibre technology (going up in atmospheres not down to sea bottom) to support weight of cu and batteries, an explosion of photovoltaic 1000 times more efficient than on my roof for solar farms will need vast cu support.

    Its all just around the corner for new Tier 1 developers.
 
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