https://www.bloomberg.com/news/arti...er-on-steroids-as-trump-slump-belies-shortage
Copper Prices Are About to Go on Steroids, Citi Says
Bloomberg News
July 2018 5:15 PM
- Recent rout opens up long-term buying opportunity, bank says
- Prices may top $9,000 next decade as supply growth slows
“Prepare for a decade of Dr. Copper on steroids,” analysts including Max Layton and Tracy Liao wrote in a July 17 note. The bank sees average annual prices at $8,000 a metric ton in 2022, passing $9,000 a ton by 2028 under its baseline scenario. The metal, often viewed as a barometer of world economic health, closed Tuesday at $6,152 a ton in London.
Ann: Drilling intersects visible copper and gold mineralisation, page-86
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