Wednesday, February 19, 2014

Peak Copper?


"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.