Goldman Sachs last week doubled down on its super cycle shout (see Post # 52517447), forecasting copper would average US$15,000 per tonne during 2025 in a headline-grabbing April 13 research note titled “Copper is the new oil”.
Citi is also firmly in the copper bull camp with a short-term target of US$10,500 per tonne.
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
[MEDIA] Goldman Sachs last week doubled down on its super cycle...
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