Currie: Copper Is the New Oil
Вставка
- Опубліковано 13 тра 2024
- 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."
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ysu5b8a9
Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv
Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: www.tiktok.com/@bloombergbusi...
Reddit: / bloomberg
LinkedIn: / bloomberg-news
More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals
Watch more on UA-cam:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts
No More David Copperfield
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! 😂
Wait
@@rolandnelson6722 Will do.
I'm wearing my oil bracelet.
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.
Don't forget microchip, which was also the new oil.
this time is different
which stocks could see the benefit of rising copper price?
Thanks
3:37 excuse me; commodities are the best performing asset class? Not the stocks like NVIDIA, Meta, Google, Microsoft, Costco, etc. ?
VINCE McMahon from WWE to COPPER STACKING
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¡¡
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¡¡
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?
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.
The question then is why silver hasn’t done this and more.
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.
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.
@@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.
@@sociolocomtsac Can't make solar panels without fossil fuels... there's no free lunch in energy.
@@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.
Bom dia nacional brasileiro
AI is a private sector , doesn’t need a government approval
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
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.
It the move from Analog to Digital.. All metals, crystals will rise due to new countries coming online !!
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?
Tirgus, drošinātāji un t.t.
Virzienu es patreiz nemainīšu, jo tas iet uz vajadzīgo pusi par 10% pagaidām! Attīstībai, es iesaku izvēlēties pareizos instrumentus.
Drošinātāji var neizturēt slodzi🤔