Just when you thought copper had been shot and left for dead…
“Doctor Copper” lifts himself up from the cold, wet ground to whisper who-dun-it.
Whatever the crime, the victim is usually the star witness.
In this case, the star is also the “expert” in what went wrong, which nearly doubles his credibility.
That being said, copper prices provide a diagnosis of the market, where it’s at, and where it could be going.
Mark Thornton explains:
Doctor Copper Is Sending Signals Our Way
“…historically, copper is a key ingredient in the construction of new buildings for pipes, electrical wiring, etc. on the inside and the extension of the electrical grid and infrastructure on the outside, as well as all the tools and machinery involved.
It’s also important for a wide variety of electronic and computing goods and services so the fortunes of copper’s price are tied to all the things typically involved with economic growth and artificial economic booms.The conundrum here is that the world economy seems weak for most people.
The consumer is said to be weak and economic growth is either down or low in places such as Japan, China, Europe, the US and elsewhere.
The majority of people, companies, industries, and countries are not experiencing high rates of growth and prosperity, boomtime conditions, or unrivaled growth rates.”
Just what is “Doctor Copper” telling us?
Well, much of the new money created by the US government over the past several years has gone to influencing the production micro chips to support artificial intelligence, war, and green technologies.
Copper is needed for all those things and…
the base of the economy – construction.
Right now, it’s being driven by demand from green technologies and AI, both subsidized by the government.
So, “Doctor Copper” could be hinting at the real culprit.
Here’s some speculation on the modus operandi:
The State is printing money to create energy needed to serve its purpose.
And that purpose is the preservation of itself.
You see, the State’s problem is that it must grow in order to maintain its relevance.
Demanding voters require the State to meet their needs, but more time and labor are required to meet those needs.
So the State grows…
Governments usually print more money to finance their services like social security, tax revenues, utilities management etc…
Then, they hire people who take time to manage those services.
More debt is created until there isn’t enough time or energy to pay for government services, or the currency fails…
Like what we see in the United States right now.
Artificial Intelligence solves the State’s money and administrative problem.
It reduces the time and labor cost of the State to execute its services.
So long as the AI has enough energy to run, and citizens hand over their information to the AI, the State’s power remains.
Whether or not, that is the macro case, or the modus operandi behind the States most recent investments remains to be seen because I’m not one for conspiracy theories…
Just basing theories on facts.
For the moment, markets, especially metals like silver and copper, are being driven by new forms of energy production.
And, as long as renewable energy and AI are driving the markets, demand looks to remain high.
The State’s interest, or motives are yet to be seen.
Still though, is Doctor Copper telling us something more…?
