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2023 Copper Outlook

“Although gold prices remain an attractive asset as the world teeters on the brink of a recession, Smith said that copper is also well-positioned to weather the oncoming storm.”

“With this electrification revolution going on, there is going to be a major supply deficit for copper,” he said. “Whether you’re looking towards a rough economic environment or not, the West is pushing hard on this electrification, and they’re going to need copper.”

Read the full article here: Gold will Shine in 2023 but Copper is the long-term play to watch