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From Investopedia:

"The term Doctor Copper is market lingo for this base metal that is reputed to have a 'Ph.D. in economics' because of its ability to predict turning points in the global economy. Because of copper's widespread applications in most sectors of the economy—from homes and factories to electronics and power generation and transmission—demand for copper is often viewed as a reliable leading indicator of economic health. This demand is reflected in the market price of copper."

In addition to traditional applications, the article points out to the surge in demand for electricity from data centers needed for AI. (We now have multi-million square feet data centers from Oregon to Virginia: their demand for kilowatts is why we're seeing utility stocks outperfoming the broad market by 50% over the past year.)

1 posted on 05/14/2024 11:56:21 AM PDT by Miami Rebel
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To: Miami Rebel

This just in: Copper thefts are about to hit an all-time high, and the criminals won’t be punished.


2 posted on 05/14/2024 11:57:52 AM PDT by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)
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To: Miami Rebel

Save those old pennies.


3 posted on 05/14/2024 11:58:00 AM PDT by EvilCapitalist (Pets are no substitute for children)
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To: Miami Rebel

EV Chargers hardest hit..................


6 posted on 05/14/2024 11:59:55 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Miami Rebel

meet me at the tesla charging station boys, and bring your snips.


9 posted on 05/14/2024 12:00:49 PM PDT by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world or something )
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To: Miami Rebel

All those pennies before 1980...

The pension funds are going all in on BTC.

Uranium stocks should tick up. Hillary sold how much to Russia?


11 posted on 05/14/2024 12:02:11 PM PDT by Jumper
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To: Miami Rebel

14 posted on 05/14/2024 12:07:02 PM PDT by Leaning Right (The steal is real.)
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To: Miami Rebel; LonePalm

Copper is rising due to the impact of inflation on commodity prices it isn’t being driven by demand.

This statement: “In addition, China’s economy is improving...” is incorrect. Their stock market has improved in price (also mainly due to inflation of asset prices) but their employment rate, real estate, and overall business activity is still in the crapper.

LP - get a load of this...smh


15 posted on 05/14/2024 12:07:08 PM PDT by reed13k
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To: Miami Rebel

Dollar falls to 0.2lb of copper.


16 posted on 05/14/2024 12:13:55 PM PDT by posterchild
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To: Miami Rebel

I dunno..Silver and Gold seem to be a better way to go.


18 posted on 05/14/2024 12:18:36 PM PDT by Osage Orange (ooooOO)
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To: Miami Rebel

Jacketed Hollow Points about to skyrocket.


21 posted on 05/14/2024 1:00:55 PM PDT by Rinnwald
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To: Miami Rebel

Copper mines played a significant role in Atlas Shrugged. Francisco d’Anconia destroyed his copper mines to prevent the looters from taking them.


22 posted on 05/14/2024 1:01:10 PM PDT by DeplorablePaul
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To: Miami Rebel

The old pure copper pennies now have 3 cents worth of copper in them.


23 posted on 05/14/2024 1:11:36 PM PDT by Nateman (Democrats did not strive for fraud friendly voting merely to continue honest elections.)
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To: Miami Rebel

Pre-1982 penny is now worth three cents.


24 posted on 05/14/2024 1:12:47 PM PDT by Z28.310 (z28.310 control group...look it up)
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To: Miami Rebel

My old copper pennies may one day be worth more than their numismatic value


26 posted on 05/14/2024 1:25:24 PM PDT by PIF (They came for me and mine ... now its your turn)
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To: Miami Rebel

if I remember correctly, most of the mined silver is a byproduct of copper mining


35 posted on 05/14/2024 2:25:04 PM PDT by algore
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To: Miami Rebel

I wish I could post a pic of my copper stash. It gives me great joy tossing more scrap pipe on the pile.


38 posted on 05/14/2024 3:36:52 PM PDT by Sawdring
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To: Miami Rebel

And Andrew Jackson went apoplectic when he learned bacon had gone up to 2¢ a pound.


40 posted on 05/14/2024 9:31:37 PM PDT by Paal Gulli
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