There's an expectation in the markets that the big copper mines in Chile and Peru will be shutting down due to the virus.
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| Copper: Bold, Hold, Fold or Who Cares it's Not Gold? |
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The price of Copper has been on a tear. There's an expectation in the markets that the big copper mines in Chile and Peru will be shutting down due to the virus. Combine that with the market's belief that the government of China will stimulate their economy and thus buy all the copper they can get their hands on… and the belief is that the strong run in copper prices will continue. |
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