GREY:NEVDQ - Post by User
Post by
quinlashon Feb 19, 2021 2:32pm
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Post# 32611841
The case for copper investing IMHO
The case for copper investing IMHO1) Global news regarding infrastructure projects as a part of rebuilding ecomonies after the impact of C-19. Infrastrusture projects will call for copper
2) News regarding US Fed moving to only electric cars in the near-term in addition to general interest in EVs all of which call for copper in batteries, copper for wiring etc
3) North American need to upgrade power utilities, now highlighted with issues in Texas with outages etc.
The above notes all call for one common component.. copper and the upward trend in copper spot pricses seems to confirm the 3 points made.
JMHO
Q