Selasa, 31 Januari 2023

Copper Price Doubles: Profit with These 3 Stocks

The world's largest producer of the metal so vital to EVs – copper – admits that it's facing a major long-term problem. Copper production in Chile, the world's largest producer of the metal, will grow at a slower rate this decade than previously hoped. This dire forecast comes from a Chilean government report.

Copper Price Doubles: Profit with These 3 Stocks  

Tuesday, January 31, 2023

White House Invests $2.8 Billion in EV Batteries: The White House just issued $2.8 billion in grants. It’s a huge investment in America’s EV battery revolution. One of these stocks is soaring 42% in a week. And others are getting ready for a huge move. Go here for urgent details – before the next major move.

The world's largest producer of the metal so vital to EVs – copper – admits that it's facing a major long-term problem.

 

Copper production in Chile, the world's largest producer of the metal, will grow at a slower rate this decade than previously hoped. This dire forecast comes from a Chilean government report.

 

The report estimates that output of copper will peak at some 7.14 million tons in 2030, two years later than anticipated. That’s due to delays of mining projects.

 

These projections assume that 100% of planned mining projects come online. Even the biggest optimist would say that is unlikely.


The price of copper near nearly doubled since 2020 – topping $9,000 per ton.

 

Production snarls in Chile will likely prop up the global price of the metal. Plus, protests in neighboring Peru have reduced production in the world's second-largest copper producing country.

 

Plus, China’s reopening could spark increased demand in 2023.

 

Rising prices are good news for major copper miners. Three of the world’s biggest copper producers include Freeport-McMoRan (NYSE: FCX), BHP Group (NYSE: BHP) and Glencore (OTC: GLNCY). These three stocks should see profits grow as a result of the rising commodity price.

 

And copper is not alone. Thanks to China's reopening, industrial metals have ripped higher since November. A group of industrial metals led by tin, zinc and copper have surged more than 20% in just three months.

 

The move higher was further supported by the Federal Reserve signaling a slowdown in the pace of interest rate rises, which led to a softening in the U.S. dollar, which importers use to buy commodities.

The move toward electrification of everything is also spurring increased demand metals. And this includes the explosive growth in electric vehicles around the world.

 

That’s why Elon Musk is taking drastic steps and investing billions of dollars is THIS.

 

It’s all part of his Secret Master Plan 3.0.

 

This CONFIDENTIAL plan is not currently public. However, today you can access urgent details before the news breaks.

 

Just click here for instant access.

 

Tony Daltorio

Editor @ Wall Street Spy


Top Investment Ideas

 

The Truth About Tesla's New Business

 

Tesla (NASDAQ: TSLA) plans to launch its own lithium business. The company plans to build a lithium refining facility on the Gulf Coast in Texas – nearby Tesla’s Giga Texas plant. The plant will produce battery grade lithium hydroxide. Finished lithium would then be usable in batteries – and shipped to Tesla’s factories in California, Nevada and Texas. Construction could begin soon – according to an application with the Texas Comptroller’s Office.

 

Goldman Sachs: This Stock Could Jump 25%

 

According to Goldman Sachs (NYSE: GS), Tesla (NASDAQ: TSLA) could see one heck of an electrified move in 2023. Goldman Sachs says Tesla could be on the BRINK of a major jump. Here's why --- Based on the last earnings call, Goldman Sachs says that “Given the focus of investors on Tesla’s delivery volumes in particular (and the importance of volume for its vertically integrated model and the cost benefits long-term of its newer factories when at scale), we see the order strength as the most important takeaway from the call.” We continue to believe that the company is well positioned for long-term growth given its leadership position, both in terms of cost structure and as a full solution provider in clean mobility.”

 

Personal Wealth Advisor is my most popular investment newsletter. It’s designed to help you uncover the very best opportunities for big profits and safe income. Every month, you’ll get my monthly online newsletter issue. It includes two new stock picks every month – one Growth Opportunity and one Value Opportunity. Every time there’s a new trade… you’ll be the first to hear. That’s because I’ll rush you BUY and SELL alerts on every single recommendation in the portfolio. Details here.

 

Get a Tesla Cheaper Than $13,000

 

Tesla recently released its Q4 2022 earnings and the company made it clear to shareholders that it plans to keep cutting the cost of its cars. This comes right after Tesla had ALREADY made price cuts earlier this month – with the largest one being the Model Y, which you can get for just $13,000. No wonder the automaker is experiencing robust demand for their vehicles.

 

The Adoption of EVs Just Got a Serious Boost

 

In mid-January, Tesla made new price cuts on new models in the U.S. and Europe. This is FANTASTIC news for the future of EVs. One of the main problems of EV adoption was their exorbitant price. And now that changed overnight. These new price cuts could seriously boost the adoption of EVs, especially with some Tesla models selling as low as $13,000.

 

 

 

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