Feb. 6 at 4:21 AM
$OLN
Monitor Olin’s exposure to copper prices as people research the A.I. bubble, what A.I. is and how much copper will be required to power it and build out its infrastructure.
Bullet casings have lots of copper in them (brass is an alloy of copper & zinc). Future wars will be fought first by been counters. If a bullet costs
$1.50-
$2, we’ll say just
$1 (for a bulk govt discount) to be conservative. If it takes around 250 to up to as much as 3,000, or even 50,000 rounds (as some have suggested in nrecent conflicts like Afghanistan) down range before hitting one enemy soldier. We’ll just say it takes around 1,000; so
$1,000/enemy soldier. Why would armies waste time with bullets when for the same cost, very likely cheaper, and faster, they could use one drone per enemy soldier?
If copper and zinc (also about to test a resistance high soon) becomes a lot cheaper, like a mother load of ore deposit was discovered, then I’m all back in.
https://tradingeconomics.com/commodity/copper
