Copper prices are soaring! Is there a conspiracy behind it by Musk and others? $DOGE
Today, there is a big movement in the commodity market: copper prices have surged, reaching the largest single-day increase since the end of 2022! London copper futures are firmly above $13,400 per ton, and the momentum is quite strong.
Let’s briefly discuss why:
1. Global competition in new infrastructure: Electric vehicles, AI data centers, photovoltaic power stations, which can do without copper? The whole world is racing to build new energy and computing infrastructure, and copper is the invisible electric oil.
Countries are taking action; for example, the news mentioned that a consortium supported by the U.S. is acquiring shares in African copper mines, which is like grabbing a ticket for future energy.
2. Signals of capital rotation: Precious metals had significant fluctuations a few days ago, and some hot money may have turned to industrial metals that are more logically sound and closely tied to the recovery of the real economy. Does this count as a shift from risk aversion to growth?
Is this wave of copper bulls also paving the way for Musk’s grand blueprint? He has just been reported to have secretly visited a Chinese photovoltaic giant.
Whether it's making cars, robots, or engaging in energy, copper and silicon are the most basic ammunition.
The big shots are laying out real industries on the front line; can we find reflections elsewhere?
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Carrying a similar spirit and community culture is 🔥马斯克概念币 🔥
Although it's not mining, could it be the next generation of “attention mining” and “consensus mining”?
The narratives of infrastructure in the physical and digital worlds are sometimes synchronous.
#xAI招聘加密专家 $XAG $XAU
Share your thoughts:
Do you think this round of copper price increase is short-term speculation or the beginning of a long-term trend?
What does the intensifying resource competition mean for the new energy and technology industries?
