Copper prices reaching record highs due to demand from electrification and strategic stockpiling by China. Top stock picks include ANFGF, FCX, and TECK.
Legendary hedge fund manager Stanley Druckenmiller made right bets at the right time. He came to fame for earning Soros $10B overnight. Successful hedge fund, Duquesne Capital, boasts $10B fortune.
Despite global efforts, China's coal imports are rising, contradicting previous forecasts. Electricity demand and favorable prices drive the country's continued reliance on imported coal for energy needs.
Copper prices rise on supply shortages and optimism about the broader economy, making it a leading economic indicator. Chinese economy and interest rates also play a role.
https://www.reuters.com/world/us/baltimore-port-closure-could-dent-us-coal-export-volumes-eia-says-2024-03-28/#:~:text=March%2028%20(Reuters)%20%2D%20Halted,(EIA)%20said%20on%20Thursday. Halted shipping traffic from