4min chapter

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What are SmarterMarkets? Episode 1 | Jeff Currie, Goldman Sachs Global Head of Commodities Research

SmarterMarkets™

CHAPTER

Copper Is the New Oil

Copper is the most strategically important commodity, cause there's no way you're going to decarbonize and electrify the world without copper. The americans europeans have no national champion, minor. They don't have access to african copper. So they haven't made all these investments and all these inputs that go into achieving this in the chinese. But i think the key point here is the investment. Just this decade alone is another china. And think about what china did to the global commodity markets. It was incredibly disruptive, which is why copper is king to the story. That concludes this week's episode of smarter markets by abaspor d.

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