The cycle turns in ways that mystify. Fossil fuels are still 81% of world supply after the world just spent $5Trillion to reduce 1% in 18 months.Today we mine out of our rock as per last report ".05%" copper as apposed too an old report I read of bhp where it was moving at 1.5% ball park figure. We are also dealing with 7% to 8% cost impost compound including red tape all over the world and everybody wanting their fair share of pound of flesh out of ANYTHING....its true we need an alternative to copper as currently in the next 20 years we will need to ratify a demand we have not even started to supply over the last 1,000 years apparently by mathematics and historical reports on writing which the Hittites started to record.In other words, in the next 20 years we will mine & utilise more copper than at any point in time in history which we will never be able to achieve supplying the demand. Copper the new gold...I think so....Try and tell me this current cycle will go on for a few years...."IMPOSSIBLE"....China is selling stock piles to balance books...nothing more...nothing less....BHP & S32 for a diversified play for future demand looks mathematically advantageousness to me no matter how I stack it up.RDD
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$3.03 |
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No. | Vol. | Price($) |
---|---|---|
6 | 186654 | $3.02 |
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Price($) | Vol. | No. |
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$3.03 | 25417 | 2 |
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No. | Vol. | Price($) |
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3 | 1110 | 3.000 |
1 | 21215 | 2.990 |
4 | 27570 | 2.980 |
9 | 84260 | 2.970 |
8 | 32233 | 2.960 |
Price($) | Vol. | No. |
---|---|---|
3.040 | 6000 | 1 |
3.050 | 190231 | 5 |
3.060 | 127206 | 7 |
3.070 | 68434 | 9 |
3.080 | 83096 | 10 |
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