RE:RE:Copper Confirms the Negative Outlook for Precious Metals
Another opinion from a chartist. I found it and posted in order to see what folks thought.
I subscribe somewhat to the Dr. Copper theory. We need to make and build stuff, use copper and raw materials. If that industrial engine leaves the station, happy days with our expansion.
Electric vehicles use approximately 165 pounds of copper per passenger vehicle. With all these battery plants under construction, there will be lots of batteries and wiring.