TSX:SAU - Post Discussion
Post by
db2067 on Apr 19, 2021 10:00am
Copper is the new oil
Goldman Sachs calls copper “the new oil”
https://www.northernminer.com/news/goldman-sachs-calls-copper-the-new-oil/1003830196/
Goldman forecasts a copper price of US$15,000 per tonne by 2025, up from the US$9,000 per tonne today. It estimates prices for the metal will average US$9,675 per tonne this year; US$11,875 per tonne in 2022; US$12,000 per tonne in 2023; and US$14,000 per tonne in 2024.
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