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$2.71 copper futures

Hi Clark888,Do you or anybody on this thread know of any good...

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Kotaredrew

4,805 Posts.

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05/05/21

21:21

Post #: 52967326
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Originally posted by Clark888: ↑

Copper could spike to US$13,000 a tonne in coming months, partially over low inventories, analysts at Bank of America said in a note.

The Bank of America strategists said copper faces “even more violent price swings” should scrap metal usage by refiners and smelters fail to increase as predicted and inventories deplete in the next three years. Under that scenario, the “red metal” could soar above US$20,000 tonne, or U$9.07 a pound, according to its note.

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.

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Hi Clark888,
Do you or anybody on this thread know of any good Copper juniors that have great potential or worth checking out?
Agree that Copper important and can see that even on Melb news today, people really recognising it’s worth stealing!
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0 Great analysis

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