RE:I followed up on Joe’s post and note that the German situatRock, analysts are all over the place, not too many years ago some analysts were calling for $5000 gold and $100 silver by 2020. Certainly does not look like there is any sense to that happening.
Like yoour research on Joe's post there is a possibility of some short term weakening. China for tha past couple of years have been importing and stockpiling even when they are one of the biggest producers of copper themselves. That will play out to put a damper on price for the next
year or two.
The big game changer mid to longer term is the E.V. movment, that is just getting started. It is pretty had to imagine $14 or even $7 copper but one never knows for sure and either do the analysts. I had a look at Gov Capital, they did not even proof read their article as they are quoting that price in ounces not pounds got a chuckle out of that.
Either way I have the majority of my investments in copper as I cannot see it gong anywhere but up
in the mid to long term. So if you are a share holder of a low cost copper producer one should do well with $3 to $4 copper. I hope I am right and would be really nice if Gov Capital's aggresive targets became reality...........glta. g