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Copper surges more than 10% and then cools. What's really driving it
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Physical copper is staring into a yawning supply gap and it will take a decade of higher investment (and higher prices to fix).
Those prices are coming quickly with copper rising by as much as 10% today before fading.
copper dailyAs big of a bull as I am on copper, there are some warning signs here.
For one, copper hasn't really run into the supply gap yet; it's just starting to open up.
I'd expect copper producers to be hedging into this and locking in some higher prices.