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Copper Defies Gravity: Starts 2026 Higher After Monumental Gains Not Seen Since Post-Crisis 2009
Copper continued a strong rally after breaking through $13,000 per ton for the first time as investors wagered on a tighter market. after capping the biggest annual gain since 2009 on prospects for a tighter market. Three-month futures reached a record $13,387 per ton on Tuesday, up 3.1 percent from Monday’s peak. Holdings have moved to the US due to worries that the Trump administration might impose a tariff on refined metal, which could leave the rest of the world short. In the past, inventories served as a buffer, but they are currently locked in the United States. Base metals have had a very successful start to ... (full story)
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TRUMP SAYS HE IS IMMEDIATELY TAKING STEPS TO BAN LARGE INSTITUTIONAL INVESTORS FROM BUYING MORE SINGLE-FAMILY HOMES TRUMP SAYS HE WILL ASK CONGRESS TO CODIFY THE BAN AND WILL DISCUSS IT ALONG WITH FURTHER HOUSING AND AFFORDABILITY PROPOSALS AT HIS DAVOS SPEECH IN TWO WEEKS 
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For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the reward for working hard, and doing the right thing, but now, because of the Record High Inflation caused by Joe Biden and the Democrats in Congress, that American Dream is increasingly out of reach for far too many people, especially younger Americans. It is for that reason, and much more, that I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it. People live in homes, not corporations. I will discuss this topic, including further Housing and Affordability proposals, and more, at my speech in Davos in two weeks.
From argusmedia.com | Jan 6, 2026
London Metal Exchange (LME) official copper prices surged past $13,000/t to reach a new record high today, as financial investors scrambled for safe-haven products in the aftermath of US military action in Venezuela. The latest buying poured fuel on an existing bull run in prices driven by concerns over tight global availability of refined metal owing to a ...
From dailyforex.com | Jan 7, 2026
Explosive demand from AI-driven data centers and the solar sector is creating a bit of a physical scramble for the metal, and speculation has jumped on that. This will continue to be the overall thesis for the time being. Silver climbed again during the trading session, right around 5% as I record this, and we are sitting just above the 80 level. This is a ...
