GREY:NEVDQ - Post by User
Post by
my69zon Oct 24, 2021 1:11pm
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Post# 34042113
So LME is in the stinky stuff
So LME is in the stinky stuffInterfer with the price, keeping it "low", & nobody explores, etc..
They have no choice but to let it run. No new discoveries. No new
large scale hits. No new large scale deposits within last 18 months
or so. When it was already starting to trend upward to today's new
highs. So not even $4.50 has moved new supply sources. Nothing
new exploration announced today, will be anywhere close to hitting
the stiffiling demand expected to start really showing it's head, next
year.
It's said world EV's are 3%.
If it doubles to 6%, there is no more copper.
This is one hell of a situation.
Soon as all the crooks are positioned, that's exactlly what will happen.
Glta!!