-
America's copper obsession sparks a price spike the market can't ignore
America's race to lock down copper has turned a once-sleepy industrial metal into a frontline asset of economic and geopolitical strategy. Prices are surging, domestic premiums are distorting global benchmarks, and a metal best known for wiring and plumbing is suddenly a proxy for how the United States plans to build, electrify, and defend its economy. What looks like a simple price spike is really a collision of forces: aggressive U.S. stockpiling, a clean energy buildout that runs on copper, fragile global supply chains, and new tariff threats from Washington. I see a market that is no longer just reacting to mines ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From jensendavid.substack.com | Dec 18, 2025
With silver’s price up 120% in 2025, market observers might expect a price pull-back as marginal new supply of metal, from recycling or investors taking fiat currency profit, is brought to market. However silver’s spot (cash) price today is surging above the March 2026 futures price on the CME/COMEX NY market, in what is called price ‘backwardation’, ...
From msn.com | Dec 18, 2025
Goldman Sachs sees gold prices climbing 14% to $4,900 per ounce by December 2026 in its base case, it said in a note on Thursday, while citing upside risks to this view due to a potential broadening of diversification to private investors. In a note in which the bank discussed its views on commodities for 2026, Goldman Sachs said it expects structurally ...
From cruxinvestor.com | Dec 18, 2025
Currency dynamics have emerged as the dominant force behind copper's recent rally, overshadowing traditional demand fundamentals and creating a pricing environment driven more by financial flows than industrial consumption patterns. Copper's recent move higher reflects pronounced FX sensitivity, with a weaker US dollar improving affordability for non-USD ...
