Copper?

Discussion in 'Commodity Futures' started by kmiklas, Feb 19, 2021.

  1. kmiklas

    kmiklas

    I'm certainly no Elon Musk, but why can't we just send some spaceship bees to mine gold, silver, nickel, lithium, cobalt, et alia and toss it back to earth with some parachutes? Didn't we just land a rover on mars? I don't see what the problem is.
     
    #21     Feb 20, 2021

  2. I suggest you watch the 2009 movie Moon - they were mining Helium-3 on the Moon and sending it back to Earth.
     
    #22     Feb 20, 2021
  3. Cuddles

    Cuddles

    we could make gold in the lab synthetically. Is it cost effective?
    https://en.wikipedia.org/wiki/Synthesis_of_precious_metals
    https://en.wikipedia.org/wiki/Nuclear_transmutation
    https://en.wikipedia.org/wiki/Glenn_T._Seaborg#Return_to_California

    It's cheaper to mine the ocean floor than pipe dreams of space mining.
     
    #23     Feb 20, 2021
  4. KCalhoun

    KCalhoun

    just found COPX ... great 1yr chart

    copx21feb.jpg


    and SCCO

    scco21fb.jpg
     
    #24     Feb 21, 2021
  5. maxinger

    maxinger

    extremely strong movement during today's Asian session.
    bid offer spread widened to > 5 ticks.
    This is extremely rare.

    Something very very big is happening.
     
    #25     Feb 21, 2021

    • COVID-19 related.
    • Copper kills viruses.
    • So instead of Stainless Steel for appliances people are going to prefer Copper.
     
    #26     Feb 21, 2021
  6. maxinger

    maxinger

    Shanghai INE exchange

    copper market halted / hit limit ?
    It peaked at 59900.
     
    Last edited: Feb 22, 2021
    #27     Feb 22, 2021
  7. easymon1

    easymon1

  8. Easy enough for Hollywood movie directors, but a lot harder for engineers.
     
    #29     Feb 22, 2021
  9. easymon1

    easymon1

    If copper kills viruses, copper doorknobs and light switch touchable surfaces in homes business and the ever infectuous hospitals wouldn't be a bad idea. Coppa. So what country, companies, have control of what shares of known coppa reserves?
     
    #30     Feb 22, 2021