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Copper price at record high

Copper price at record high

Peter Boockvar
May 14, 2024
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Rather than wait until tomorrow morning to bring it up, I’ll do it now just in case you haven’t noticed. The price of copper is rallying to a record high today nearing $5 per pound and copper just so happens to be the most important industrial metal in the world, especially in the push to this new electrification/renewable world we’re investing so much money in. I include the price of copper and two key charts highlighting the importance of it from a recent Sprott white paper.

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