Tuesday, 02 January 2024 12:17 GMT

Investors Say Copper Is Strongly Bullish, Can Withstand AI Pullback


Date:

(MENAFN- Investor Brand Network) Many analysts have been voicing their concerns that the AI boom could face a major correction and bring down other markets, such as commodity markets. However, investors say copper is in a structurally bullish market and the metal can survive if the AI boom unwinds. They point to several factors as the reason for their optimism.

Melvin makes a strong assertion about the copper industry at this time: he says this is a very good time to be in copper mining. What he doesn't add is that the same also holds true for entities like Numa Numa Resources Inc. that are engaged in...

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