Warning: Copper's Price Surge Could Precipitate a 20% Decline
Wednesday, 5 June 2024, 10:16
Speculative Boom in Copper
Copper has soared to $10,000 per ton, hitting its highest levels in recent years.
Driven by Speculative Demand
This surge has predominantly been fueled by speculative demand, raising concerns among market analysts and investors alike.
Market participants should closely monitor the situation as a potential 20% crash could be looming on the horizon.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.