Oct. 8 at 10:53 PM
$COPX $B $FCX $RIO $BHP
Copper
$6👉
$8 per pound.
People think everything is expensive now, just wait until commodities move to La La Land.
Margin compression on businesses will squeeze their bottom lines as we move into late 2026 and into 2027.
Corporations won’t be able to pass along higher prices. People are tapped.
At some point, people will just stay home.
If they still have one after they get laid off.
I think we’re 9-12 months away from the beginning of the recession forming.
Slower production growth will push copper market to deficit in 2026, says ICSG - https://www.reuters.com/business/slower-production-growth-will-push-copper-market-deficit-2026-says-icsg-2025-10-08/