Looming copper shortage?
Posted: Fri Feb 03, 2017 3:19 am
http://www.visualcapitalist.com/the-looming-copper-supply-crunch/
This article suggests that there will be a copper shortage beginning within the next five years.
Given there are no good substitutes for copper wiring and demand for copper keeps rising worldwide, isn't it wise to hoard as much copper or cupro-nickel alloy as one can before it's too late? Additionally, Trump is expected to spend heavily on infrastructure projects that will require copper, plus electric cars are gaining popularity (even more copper required...)
Is this the last year that copper coins will be so inexpensive to obtain?
This article suggests that there will be a copper shortage beginning within the next five years.
Given there are no good substitutes for copper wiring and demand for copper keeps rising worldwide, isn't it wise to hoard as much copper or cupro-nickel alloy as one can before it's too late? Additionally, Trump is expected to spend heavily on infrastructure projects that will require copper, plus electric cars are gaining popularity (even more copper required...)
Is this the last year that copper coins will be so inexpensive to obtain?