Live Commodity Stream- Copper futures are quietly surging but can it last?

 

 

We tend to be eternally optimistic but when it comes to the miraculous recovery in the metal considered to be an economic bellwether we have to start asking questions. In essence, copper has been the tech stock of commodities. Not only has it recovered all of its Covid-19 shutdown losses, but it has recently reached prices not seen since mid-2019; well before any of us could have possibly predicted what was in store for the global economy in 2020.

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