Robert Friedland on copper and a lousy end to the quarter
Kitco NEWS Roundtable
English - June 30, 2023 19:38 - 7 minutes - 6.64 MBInvesting Business gold investing mining precious metals small cap cobalt coal platinum lithium silver Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Robert Friedland warned about a coming copper crunch due to increasing demand and dropping supply, noted Kitco correspondent Paul Harris.
On Friday Harris recorded Kitco Roundtable with mining audiences manager Michael McCrae.
The bleak picture for gold stocks was also covered. Gold is seeing its worst month since February as markets shift expectations, pricing in a nearly 100% chance of a rate hike in July.
After kicking off the month above $1,980 an ounce, gold finished June at the $1,910 level.
McCrae talked about some of his favorite #MinTwit follows on Twitter: @michaelbhorner, @jrminingguy and @miningcatalyst.
The book McCrae is reading is The World for Sale: Money, Power, and the Traders Who Barter the Earth's Resources.