Goldman Sachs tried to polish copper sky up for own purposes....

Goldman Sachs tried to polish copper sky up for own purposes. But look at the other Banks more honest

Bank of America also slashed its forecasts last week, warning that in a worst-case scenario where Europe experiences widespread gas shortages, prices could plunge to as low as $4,500 a tonne.Copper fell 3.15% Tuesday morning to $3.32 ($7,307) a tonne on the Comex market in New York, the lowest since November 2020.The copper market is facing a surplus for the coming two years as demand wanes and mines keep expanding,

Marcus Garvey, head of commodities strategy at Macquarie Group said at an online LME seminar on Tuesday, more supply shocks, the metal’s performance will come down to global growth, he said.