Currie: Copper Is the New Oil

Рет қаралды 10,651

Ай бұрын

Jeff Currie, chief strategy officer at Carlyle Group, says copper is the new oil. He's also bullish on oil and shares his thoughts on gold demand "Bloomberg Surveillance."
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Пікірлер: 33

@ChiakiShirakawa Ай бұрын

No More David Copperfield

@Duke_of_Prunes Ай бұрын

I have been hoarding up stripped copper wire for a few years now -- need to see what the scrap yard will pay for my big spool! 😂

@rolandnelson6722 Ай бұрын

Wait

@Duke_of_Prunes Ай бұрын

@@rolandnelson6722 Will do.

@WARRENBUFETT Ай бұрын

I'm wearing my oil bracelet.

@syedarmaghanhassan4652 20 күн бұрын

which stocks could see the benefit of rising copper price?

@Blackridge. Ай бұрын

No currie, oil is, was and will likely always be the new oil. Every few years people try to replace oil as the biggest commodity. First with water, later "Data" and now copper.

@chi-jenyang9752 Ай бұрын

Don't forget microchip, which was also the new oil.

@jurassicthunder Ай бұрын

this time is different

@syedarmaghanhassan4652 20 күн бұрын

3:37 excuse me; commodities are the best performing asset class? Not the stocks like NVIDIA, Meta, Google, Microsoft, Costco, etc. ?

@markcameroon6613 Ай бұрын

VINCE McMahon from WWE to COPPER STACKING

@vijaymuppala7372 Ай бұрын

Thanks

@user-hb2ku5oq5r Ай бұрын

Jeff Currie is right¡¡He has a lot of hard data¡¡Copper moves water;information;energy and money(A lot of money globally)¡¡Chile has the major reserves of copper in earth¡¡Chile produces 31,9% mine copper yearly globally¡¡¡Base metals chinese demand is =35%-45% every year all over this so wonderful world due its serius demographic problem¡¡In my view,copper outlook remains price-positive in the long term¡¡May be we can see copper prices in a range=US$6,15 /LB CASH GRADE A (SPOT MARKET) in Q1 2025¡¡Why not??¡¡Copper is the big star in EV industry,the longest business of this century to mitigate climate change negative effects as well as to eliminate CO2 emissions globally¡¡Very best¡¡

@user-hb2ku5oq5r 27 күн бұрын

Chile is a vital metal in battery revolution right now¡¡Also copper is very important in energy transition towards 2050¡¡Chile is=COPPERLAND¡¡Thank you¡¡Nice to see you here¡¡

@user-tx4yn7en9u Ай бұрын

Does the US have copper reserves? The US ranks as the 9th largest holder of copper reserves worldwide, with a deposit of 44 million metric tons. U.S. Geological Survey reports last week in its 2024 Gold Commodity Summary that as much as 33,000 tons of gold is lying around under rocks and hills in the U.S. alone.

@KK-sg5gl Ай бұрын

Coffee prices has gone up so much that the FED took it off the CPI calculations. Are you going to expose the FED corruption and manipulation?

@stevep9041 Ай бұрын

The question then is why silver hasn’t done this and more.

@anaconda470 Ай бұрын

I have a feeling that the EV market is just another bubble. Without huge government push and regulations there's no great demand for these vehicles. Nor EVs are able to provide what is being promised. What's more EVs have to be charged from powerplants. So at the end of that chain is still oil, coal or nuclear.

@sociolocomtsac Ай бұрын

EVs can be charged with my solar panels. Also 4x more efficient per energy unit. Oil is not going anywhere, however. EV bubble popped a year ago, buddy. Check out the EV stock prices and lithium prices.

@anaconda470 Ай бұрын

@@sociolocomtsac I didn't know you can do that :) I prefer nonEVs as they're cheaper, I can fix them myself and they give me range far exceeding any electric. I think the bubble is still growing as the governments are trying to force people to use EVs. Now it's copper. Dunno, feels like artificial pumping of the market.

@michael2275 Ай бұрын

@@sociolocomtsac Can't make solar panels without fossil fuels... there's no free lunch in energy.

@sociolocomtsac Ай бұрын

@@michael2275 Can also make solar panels with nuclear, geothermal, hydro, wind, etc. Fossil fuels are not the only energy option. Fossil fuels will indeed be part of the energy mix, but won't be as dominant as it is today.

@PissonZionists 10 күн бұрын

AI is a private sector , doesn’t need a government approval

@dalepetersen1166 Ай бұрын

Doesn't take any more copper to do the AI thing that it did to do the initial computers of the 90s there's not that much copper in a wind turbine or a solar panel most of its steel

@ryantourney2879 Ай бұрын

World copper supply is down due to several big copper mines being shut down. I'm hoping for $6 or $7 copper per pound, if not higher.

@AntonioEduardodeOliveiraAlvesC Ай бұрын

Bom dia nacional brasileiro

@alphathefirstone1222 Ай бұрын

It the move from Analog to Digital.. All metals, crystals will rise due to new countries coming online !!

@ArminsBralitis Ай бұрын

Katram savs attīstību virziens. Citiem no tā ir tikai adoptācija, bez izvēles! Labākie māģina sasniegt mērķi un liek uz tā visu vai neko, protams, lai uzvarētu! Vai tomēr, tāds virziens viņiem būs pareizs?

@ArminsBralitis Ай бұрын

Tirgus, drošinātāji un t.t.

@ArminsBralitis Ай бұрын

Virzienu es patreiz nemainīšu, jo tas iet uz vajadzīgo pusi par 10% pagaidām! Attīstībai, es iesaku izvēlēties pareizos instrumentus.

@ArminsBralitis Ай бұрын

Drošinātāji var neizturēt slodzi🤔