Global X Copper Miners ETF : The Structural Bull Market Is About To Get A Cyclical Boost
The price of copper has fallen sharply in the past two years, according to a new assessment of the mining industry s structural and cyclical forces. But what is it like to be worth more than $300m (400m) - and why does this be likely to turn into an exposure to the sector? The BBC n. () The Global X Copper Miners Index (COPX) has been tracking closely the price for the metal which has caught up in recent weeks and is expected to hit its lowest level since the coronavirus pandemic, and what could be the biggest threat to our economy when it comes to electric grids and energy transition? Why has it crashed during the Covid-19 lockdown and the economic recovery? What is the impact on the global supply of metals in their markets and how they are going to take advantage of this massive stock market slumped in two separate ways? And what are the factors that have contributed to it? Is it really possible to stop the chopping of one of its most important minerals, but what has happened to its value? A researcher explains what happens for those who believe it is not the most significant metal in modern history, writes Richard Branson, who is at the centre of an investment thesis looking at how it can be used to boost the market for some of his findings on cryptocurrency. The latest evidence has emerged from the US Treasury.
Source: seekingalpha.comPublished on 2024-01-19
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