Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
BHP’s attempted takeover of Anglo American and rising copper prices, exceeding $11,000 per ton, a historic high, drew attention to anticipated copper shortages. Demand has been growing rapidly due to consumption by renewable energy, electrical grid enhancements and electric vehicles, while copper supply has been constrained. Forecasts of a copper shortage by 2030 have been popular recently.
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