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There isn’t enough copper in the world — and the shortage could last till 2030
CNBC ^
| FEB 7 20236:07 PM EST
| Lee Ying Shan
Posted on 02/28/2023 12:31:49 PM PST by Red Badger
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To: Red Badger
There was a thread here a long time ago about people breaking into active electric transformers to steal the copper, usually with disastrous results.
2
posted on
02/28/2023 12:44:49 PM PST
by
rdl6989
( )
To: rdl6989
bet they won’t do that again!...................
3
posted on
02/28/2023 12:46:57 PM PST
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: Red Badger
4
posted on
02/28/2023 12:51:54 PM PST
by
rdl6989
( )
To: Red Badger
I know of at least three major copper/zinc deposits in the United States which have never been developed, strictly for political reasons.
5
posted on
02/28/2023 12:52:17 PM PST
by
marktwain
To: rdl6989
Crispy critters........................
6
posted on
02/28/2023 12:53:29 PM PST
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: Red Badger
Pinochet would know how to ensure the supply of essential commodities, unlike the idiot woke rulers currently in South America.
7
posted on
02/28/2023 12:55:50 PM PST
by
rfp1234
(E Porcibus Unum )
To: Red Badger
Are we gonna grow new copper in 2030?
8
posted on
02/28/2023 12:56:46 PM PST
by
joethedrummer
(We can't vote our way out of this, folks..)
To: Red Badger
It may be time to buy Southern Copper (SCCO) again.
9
posted on
02/28/2023 12:58:22 PM PST
by
MtnClimber
(For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
To: Red Badger
If we had not debased our currency there would be plenty of already refined copper floating around.
10
posted on
02/28/2023 12:59:52 PM PST
by
algore
To: joethedrummer
No, by 2030, the entire world economy will have collapsed and there will be no need for new copper..................
11
posted on
02/28/2023 1:00:03 PM PST
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: Red Badger
Never speculate in copper. It is a tightly controlled market, and they do not want outsiders to make as much as one red cent from it.
An anecdote is whatever happened to the vast amount of copper cable that became obsolete with fiber optic cable replacing it. They didn’t just abandon it underground, but pulled it out and spooled it up. And then, it vanished.
At the time it was speculated that there was enough recovered copper to build half a dozen pure copper aircraft carriers. But the market price of copper didn’t fluctuate at all.
12
posted on
02/28/2023 1:01:29 PM PST
by
yefragetuwrabrumuy
("All he had was a handgun. Why did you think that was a threat?" --Rittenhouse Prosecutor)
To: yefragetuwrabrumuy
Never speculate in copper. It is a tightly controlled market, and they do not want outsiders to make as much as one red cent from it. Here a Grift, there a Grift, everywhere a Grift-Grift
Old McGrifter had a Grift, best not step on his toes!
13
posted on
02/28/2023 1:05:23 PM PST
by
kiryandil
(China Joe and Paycheck Hunter - the Chink in America's defenses)
To: Red Badger
I think we are entering a commodities supercycle where the price of all metals will be heading up.
14
posted on
02/28/2023 1:09:28 PM PST
by
jimwatx
To: yefragetuwrabrumuy
one red COPPER cent................which are now ZINC in a copper sheath....................
15
posted on
02/28/2023 1:09:35 PM PST
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: joethedrummer
Fortunately, we will not need any additional copper to expand the electrical grid and manufacture batteries when everyone drives an EV.
(S)
To: yefragetuwrabrumuy
And then, it vanished. One word: AMMO.........................
17
posted on
02/28/2023 1:11:10 PM PST
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: Red Badger
Hmm. Is the solution to this problem less freedom? Just asking.
18
posted on
02/28/2023 1:15:29 PM PST
by
Salman
(It's not a slippery slope if it was part of the program all along. )
To: Red Badger
Pennies, I can quit buying expensive anodes.
To: Cold Heart
Just glue them to your boat motor..................
20
posted on
02/28/2023 1:18:43 PM PST
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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