Morgan Stanley's latest report indicates that copper demand is growing steadily in the long term, but new mining projects are clearly lagging behind, especially with significant uncertainty surrounding non-committed projects. Meanwhile, the cost curve is rising, and spot prices are already close to the 90th percentile. 😺
$Southern Copper(SCCO.US)
$Invesco QQQ Trust(QQQ.US)
$SPDR S&P 500(SPY.US)
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