"Despite my queasiness about the current state of affairs, I remain a long term secular bull for copper and other industrial commodities. Simply put, we are not finding and developing enough big copper deposits to satisfy the projected world demand for the next twenty years. I will address this issue at some later date."
IF there is going to be a huge deficit in copper supply in the future, maybe the small downturns predicted in the short-term will seem like nothing..... seriously, can one BUY physical copper cathode and store it??
One ton of copper cathode, today, may be worth US$9,754.... next few weeks, who knows, it may be worth US$9,000.... two years time? 10 years time? 20 years time?
If copper demand far exceeds supply, a ton of copper may cost a fortune.
Remember, the electric car is inevitable.....
The likes of JP Morgan and Co, Chinalco and others are securing future copper supplies, NOW.
Seriously. where can one BUY some physical copper?..... I am serious, anyone know?
