The macro macro development (recession/depression) will be a bigger force than new copper demand drivers (renewables, EVs, data centers, grid expansion), meaning demand growth cannot offset macro weakness, so base metals will collapse despite electrification tailwinds.
causalpending
Speaker
Simon MikhailovichEvidence Quote
“the big argument is which is the bigger Force the macro all the new drivers of copper consumption whether they be Renewables EVS um data centers expanding the grid you go into a serious recession depression the money is not going to be there”
Created: 8/12/2026, 6:03:29 PM
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