RE:RE:TD bank comment on gold prices today! Positive Stuff! Good point moose. There is a tendency to overlook copper.
Copper is a much more significant industrial metal so if this car electrification trend takes off ,copper may be more attractive than gold in regards to potential buyers .
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While conventional cars have 18-49 pounds of copper, hybrid electric vehicles (HEV) contain approximately 85 pounds, plug-in hybrid electric vehicles (PHEV) use 132 pounds, battery electric vehicles (BEVs) contain 183 pounds, a hybrid electric bus contains 196 pounds, and a battery electric bus contains 814 pounds, .
www.copper.org