COPPER 0.00% $2.71 copper futures

Copper, the most critical metal, page-181

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    Some interesting discussion by the Market Maven (Gwen Preston) on catalysts for Copper (and Uranium, Gold):



    Preston said 2024 isn’t the year for copper because investors aren’t positioning for global growth. Nor is supply at the point where end users are unable to source the metal.

    “We need to run out of copper, actually like have moments where people cannot buy the copper that they need,” said Preston. “And/or we need investors to start positioning for global growth. We need to get to a point where that's the driving investor push and when we get to those things, ideally both or one or the other, then copper is going to I think go pretty crazy.”

    Gwen is a "big copper bull in the medium-term".

    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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