Here's my explanation of why the copper spot price is surging. Every member of the Democratic party in the USA is now buying a set of brass balls, so they can fight back against the next Republican "red wave". Brass balls are of course 66% copper (33% Zinc), so the ball manufacturers need a lot of Cu metal feedstock. It could potentially overtake the forecast growth in copper usage for electric vehicles and solar panels etc. Probably a good time for the savvy investor to acquire a few sets of brass balls, since they bound to increase in value over time. Could be the next Lithium story.
All IMHO, DYOR
Here's my explanation of why the copper spot price is surging....
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Last
$11.22 |
Change
-0.115(1.02%) |
Mkt cap ! $5.148B | |||
| Open | High | Low | Value | Volume |
| $11.33 | $11.40 | $11.18 | $8.588M | 762.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 3679 | $11.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.22 | 2270 | 13 |
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| Last trade - 14.30pm 30/06/2025 (20 minute delay) ? |
| SFR (ASX) Chart |