Warehouse stocks are dropping rapidly and with the worlds biggest supplier of copper "Chile" 75% of the county is shut down with 35,000 mine workers stood down, i can see a huge shortage of supply, right now warehouse stocks are at a five year low.
So yes i can see copper being the new gold in the short to medium term, price of copper should follow up with low supply.
Cheers
Copper a Stronger AUS Export Than Gold, Silver, Iron Soon: Possibility?, page-2
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