GREY:NEVDQ - Post by User
Post by
bogfiton Feb 25, 2021 8:28am
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Post# 32656062
investors buy metals as a hedge against potential inflation
investors buy metals as a hedge against potential inflation LONDON, Feb 25 (Reuters) - "Copper hit new peaks on Thursday, close to its highest in a decade, as investors scrambled to buy metals as a hedge against potential inflation from ongoing central bank stimulus."
No, Dr. copper's price IS inflated. The great fear of inflation is that purchases will be made earlier to pay less. Consumers of copprr will be securing supply in anticipoation = more inflationary pressure.
b.