fxstreet.com 12 Feb, 2021 01:45 am

Energy metals lead the charge

Energy metals lead the charge
Gold and silver aren’t the only viable plays in the metals space – and they aren’t currently the leaders. On Wednesday, both copper and platinum...

Besides ongoing currency depreciation and the risks of higher inflation, which will help boost all hard assets over time, rising demand for electricity in general and electric vehicles in particular.The need for copper is exponentially greater in electric vehicles as compared to conventional cars.Silver is used in virtually all high-tech components of electric vehicles.On the demand side, the most compelling growth trends are emanating from electric vehicles and solar power systems.

Copper bullion bars are available, as are pre-1983 copper pennies by the pound.Copper pennies currently have a melt value of around 2.

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