Wednesday, February 19, 2014

Peak Copper?

Paper:

"Results of their model, described this month, show that production peaks by about midcentury even if copper is more abundant than most geologists believe. That would drive prices sky-high, trigger increased recycling, and force inferior substitutes for copper on the marketplace."
Good thing China has stockpiled so much!

1 comment:

Stagflationary Mark said...

In 2004, a joke protected me from investing in Newmont Mining (owned physical gold and silver instead from 2004 to 2006, no complaints).

Mine: A hole in the ground with a liar standing over it.

Might need to translate it into Chinese to maximize the comedic effect, lol.