Looming Global Copper Shortage (Your Opportunity Knocking)
Looming Global Copper Shortage (Your Opportunity Knocking) - Copper is a leading pulse check for economic health, and the red metal’s squeeze could be an indicator that global inflationary pressures could worsen, and subsequently compel central banks to maintain their hawkish stances for longer.
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There isn’t enough copper in the world — and the shortage could last till 2030:
Click to read the article - https://www.cnbc.com/2023/02/07/there-isnt-enough-copper-in-the-world-shortage-could-last-until-2030.html?&qsearchterm=copper
A copper deficit is set to inundate global markets throughout 2023 — and one analyst predicts the shortfall could potentially extend throughout the rest of the decade.
The world is currently facing a global copper shortage, fueled by increasingly challenging supply streams in South America and higher demand pressures.
Copper is a leading pulse check for economic health due to its incorporation in various uses such as electrical equipment and industrial machinery.
A copper squeeze could be an indicator that global inflationary pressures will worsen, and subsequently compel central banks to maintain their hawkish stance for longer.
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