As an electrician, it's not unheard of for staging grounds to be cleared of copper overnight because thieves know that a few rolls of wire are worth literally thousands in scrap. There was also a period of time where copper was so incredibly scarce and expensive, that inferior aluminum wire had to be used and adopted into the NEC until the prices of copper weren't completely insane.
My apartment building is wired with aluminum that has a thicker gauge than copper to carry the current, but the aluminum has easy metal fatigue and breaks on bends. Also you need specially made wall sockets and switches for aluminum to avoid fire.
Yeah, nobody wants to remember anything these days that’s why we keep running in circles politically. Sad part is many still have aluminum romex and don’t have a clue and definitely don’t know why or how dangerous it can be.
@@Camelfacekamala it’s dangerous because the wall sockets being wired to them were made for the physical properties of copper. Since that happened they realized this and now have proper specifications and ratings for aluminum
Lol we still use aluminum all the time in distribution and it’s totally fine. I can assure you utilities aren’t running copper high voltage power lines overhead. Aluminum is a problem when untrained personal start working with it. It’s just another conductive metal just isn’t as forgiving.
yeah...when I was a kid(like...30 years ago) my dad would take me to house developments where they had massive spools of copper left laying around and was basically the only reason we didn't end up homeless =/
Copper has been highly valuable for decades. People literally destroy telephone poles to extract and steal copper from them to sell to scrapyards where you can get a lot for it. It's become an epidemic, so much so they now often use alternate materials to copper whenever possible because it is simply so highly sought after by thieves.
They even go to the trouble of disguising bare copper cables as non copper ones by making the outer wires out of steel in some circumstances. The outer layer being steel makes it harder to cut the cable and it also doesn’t make it obvious that it’s copper.
@@Camelfacekamala It's Captain Obvious.....and Dr. Copper. Doctor Copper didn't go through 6 years of tertiary financial education to be called Mister, thank you very much.
@@Nikolaitretii Jeez, Ivan....this is a copper investing upload. Put down the vodka and go to a Ukraine invasion upload. Oh....how's that 3 day Special Military Operation going?
Man, I remember when I worked in commercial construction back in 2007 and we'd have to lock up our metal dumpster because of all the people hunting copper to scrap. It seemed like if you didnt have a hand on a copper product someone else was reaching for it.
Which further exacerbates the difficulties of getting a new copper mine going today. Exploration spending is down, exploration success is massively down, (for decades now,) permitting takes forever, (if the project isn't simply rejected ala USA,) social and environmental pushback has never been trickier, and miners have to go to ever-sketchier countries with changing rules or flat-out corruption. The world totally relies on a dozen or so mega-mines, half of which are a century old.
I like doing hobby level metal casting. When I started looking for small pieces of scrap copper my eyes were opened and I started seeing all the signs of homeless people collecting scrap copper. I see piles of burned wires, smashed electronics, junk with anything copper taken out. It's amazing that I never noticed before.
You guys made an error for tesla battery packs. They will switch from 12v to 48v for the vehicule electronic system, not the high voltage propulsion battery. 48v requires smaller cable which is why it will save copper. The main battery pack does not change.
Cancun, Mexico. The cleaning lady at the gym told me that during the worst part of the pandemic lockdown, people dug up the electrical wires from the street at night, stripped the copper off and skedaddled. Neighborhoods woke up with no electricity. They had to replace the buried wires with a non-copper alloy. Crazy.
Penny ≠ Copper!! It's almost all zinc. Copper costs have driven it out of the household pipe market, moving people to plastic (=made from oil) water pipes.
Plastic pipes (PVC plastic) are made from natural gas, not oil. So is most plastic. The idea that oil is the major feedstock for plastics is a common misconception.
@@dixonpinfold2582 Really? Drain pipes are PVC and have been for a very long time. Previously drain pipes were often cast iron or other materials, but NOT copper. Water supply pipes used to be mainly copper and are now commonly being replaced with PEX (cross-linked polyethylene) which I believe is a petrochemical made from oil.
@@mnntropy5615 That's true. PVC, made from natural gas, is still the main choice for drain pipes, but is not used for the drinking water supply. And overall most plastic is made from natural gas, but polyethylene is a type of plastic which is indeed made from petroleum. So what I said initially, while entirely true, was beside the point as far as substitution for copper piping is concerned. Thanks for your reply.
What do you mean “now?” This has been going on since at least the start of the Millenium. In more rural areas, locals would steal copper from power substations, resulting in power outages.
I recall a case study in Economics (by G N Mankiw) - in 60s and 70s, when telephone lines began to be ubiquitous, copper was in high demand. With limited technology in mining and refining, it was predicted that world would run out of copper in next decade. Then boom, optic Fibre was invented replacing copper in digital communication industry. Hope something similar magic happens.
Who paid for this? WSJ is highly talented at making stocks and market of their choosing artificially rise. Great work for the wealthy elite, congrats and nice work.
Old landfills in western countries have probably millions of tons of metals including copper. I wonder when EU will recognize this potential and boost landfill mining to new era
I have been saying the same thing! When I was a kid (1980s) my dad would take me to the town dump every Saturday. EVERYTHING went into a hole. Every once in a while whatever was there was burned. This went on for decades. Now it is covered over but it is a concentration of all sorts of materials that could be recovered now.
The problem is that everything went to landfill. EVERYTHING. Including asbestos, polychlorinated biphenyls (PCBs), PFOA and PFOS, all of which are extremely toxic to human health and the environment. toxic heavy metals etc etc. We can barely trust mining companies to dig a a hole in simple dirt and rock without wrecking everything around them. I definitely do not trust those companies to be rooting through piles of toxic waste in search of profits.
@@yougetaspear7799you are playing the same broken vinel record again. If that is happening stop it from happening. Then take what you got and manufacture something with it. If you cannot do that stop complaining. Right now Africa can only export resources, little of anything else.
@@nelsonchinasamy9857 agreed even by force if need be and ofcourse others would wanna add value on African resources in their mother countries having weaponised the very fiat vapor printed from thinair to their sole benefit just as well
instead of digging/mining it out there is lot of copper out there, in different forms, i.e. in the unused or waste products old earphones, charging cables, old electrical appliances, you need to salvage them and last but not the least, driving towards sustainability... there are many brand new, unsold products having copper but are not sold in a while and will never be sold copper can be salvaged from them too
@@devasish204 I understood perfectly in the first place. I have (1) expert-level English comprehension and (2) detailed knowledge of global copper markets, production and recycling.
@@pinkysweets dude… do you realize that “electric” cars actually run off of fossil fuels? Do you realize that batteries are only a storage device for energy, they don’t actually create energy? So…you want to run the math on that one again? I’ll warn you, I actually have a Degree in this field.
@@Camelfacekamala "electric" comes from many sources, many are way enviromental friendly than gas, and better sources are coming to the market. Your argument is just EV hating BS
A poor effort here. No industry analysts, no professors, just a young tweezer-deprived staffer pontificating. And a callow voiceover amateur who says "doitch-bank."🙄 Then a quote from Elon Musk totally out of context: the reduction isn't in overall copper usage, just in the 12-volt wiring system. That made me pretty mad. Why did you even bother?
It'd be nice if affordable alternatives could be developed. I'm thinking, maybe, graphene cable tech, but yeah... probably still a ways to go to get it affordable.
I assume you ask every single customer if you can take their scrap copper? I'm not saying you don't, just that I work around electricians and plumbers all the time and I'm always amazed how they think anything scrap automatically belongs to them. The customer owns whatever you are ripping out and whatever scrap is generated from new work...
@@Greencloud8 I would NOT melt them down but I would check them to see if any were collectible and worth more money. Many self checkouts at supermarkets will take them and I always get rid of some that way.
There is not enough copper, lithium, and cobalt to allow the foreseen 100% transition to EVs by 2035. The 100% transition require an increase in extraction and process of the fundamental metals equal to 700% of today's level. This is why the EV transition is a bunch of hot air...
So let me get this straight, between silver, copper, lithium and nickel. The things you need for clean energy are mined cleanly right? Unlike oil or coal? What powers these mines, clean energy? Or oil and coal? Just wondering where the clean fits in all of this.
FUN FACT: per study done by US gov at current global rate of copper extraction it will take 189 years to produce one generation of technology units to electrify the United States. Don’t expect it to ever happen in the lifetime of anyone reading this comment
And what about pad space, heap leaching limits, plating capacity, mill capacity, and tailings capacity. There isn’t a direct correlation between manpower and lbs Cu produced.
Now that telecom companies are rolling out fiber… can you imagine how many tons of copper can be pulled off the telephone poles… time to mine the poles 😂
All I keep hearing is how valuable copper is and it's on the cusp of a boom but it has only languished in price since it topped on 2021. I'll believe all the hype once it starts rising again.
Have to set everything up first. CHIPS Act, ✅. CIA agent turned U.S. ambassador that met with defense minister day before Peru's president was overthrown; Monroe Doctrine, ✅.
Good luck riding your bike when you have a broken leg and need to go to hospital. Have fun shifting house on your bicycle. Why don't you also just live in a cave, you would want a house built by people that have used vehicles would you? Perhaps you should stop using anything that has plastic made from oil as well, like your phone, TV and computer. Really want you want is the dark ages again.
Good let the stupid green energy movement die. It is actually not very green when you look at all the mining and other issues associated with EV's and this green movement. It's all a lie.
Pure copper is $3 a pound at the moment. If you are going to buy copper for investment, make sure you don't pay $26 for one of those 'Copper Element Bars'. And buying 1 oz copper bars for $3 is obviously not a great investment.
Copper prices actually depending on whether car-centric transportation remains or not. Transition from car-centric to walkable bikeable mass transit based will decrease copper demand alot and much better for environment too
Public transportation centric would be better. I'm sick of car crash deaths. People are too chaotic and stupid for cars and walking around with cars on the streets.
This is why this is all greenwashing. The only way to prevent climate collapse is to reduce our needs and not mine more stuff. Imagine how much waste is produced at such a mine.
Problems on global copper supply rate side against a so strong global copper demand rate will drive copper prices higher in the long term¡¡We are living with a so big copper deficit right now¡¡¡Big gap¡¡And a big problem of course¡¡It's very important to increase mining exploration investments to look for new mines and deposits ¡¡Copper has an upward trend¡¡No doubt¡¡
Thanks to prices, South Africa is losing vast amounts of power cabling, to the extent that people are going hungry or freezing. Of what use is freedom to a corpse?
As an electrician, it's not unheard of for staging grounds to be cleared of copper overnight because thieves know that a few rolls of wire are worth literally thousands in scrap. There was also a period of time where copper was so incredibly scarce and expensive, that inferior aluminum wire had to be used and adopted into the NEC until the prices of copper weren't completely insane.
My apartment building is wired with aluminum that has a thicker gauge than copper to carry the current, but the aluminum has easy metal fatigue and breaks on bends. Also you need specially made wall sockets and switches for aluminum to avoid fire.
Yeah, nobody wants to remember anything these days that’s why we keep running in circles politically. Sad part is many still have aluminum romex and don’t have a clue and definitely don’t know why or how dangerous it can be.
@@Camelfacekamala it’s dangerous because the wall sockets being wired to them were made for the physical properties of copper. Since that happened they realized this and now have proper specifications and ratings for aluminum
Lol we still use aluminum all the time in distribution and it’s totally fine. I can assure you utilities aren’t running copper high voltage power lines overhead. Aluminum is a problem when untrained personal start working with it. It’s just another conductive metal just isn’t as forgiving.
yeah...when I was a kid(like...30 years ago) my dad would take me to house developments where they had massive spools of copper left laying around and was basically the only reason we didn't end up homeless =/
Copper has been highly valuable for decades. People literally destroy telephone poles to extract and steal copper from them to sell to scrapyards where you can get a lot for it. It's become an epidemic, so much so they now often use alternate materials to copper whenever possible because it is simply so highly sought after by thieves.
They even go to the trouble of disguising bare copper cables as non copper ones by making the outer wires out of steel in some circumstances. The outer layer being steel makes it harder to cut the cable and it also doesn’t make it obvious that it’s copper.
Thanks, Dr Obvious
@@Camelfacekamala It's Captain Obvious.....and Dr. Copper. Doctor Copper didn't go through 6 years of tertiary financial education to be called Mister, thank you very much.
@@Nikolaitretii Jeez, Ivan....this is a copper investing upload. Put down the vodka and go to a Ukraine invasion upload.
Oh....how's that 3 day Special Military Operation going?
In Melbourne Australia its not uncommon to hear the train line is down as thievs have stolen some copper aspect cruicial to trains
Man, I remember when I worked in commercial construction back in 2007 and we'd have to lock up our metal dumpster because of all the people hunting copper to scrap.
It seemed like if you didnt have a hand on a copper product someone else was reaching for it.
Yes, it was much the same for us in 1992.
@@davidrodenborn5905 All well and good but it's mostly desperate junkies doing it these days haha.
chapelknight951 Tell me about it
Copper price is around equilibrium on the 5 year, and cheaper than it was in 2012.
Which further exacerbates the difficulties of getting a new copper mine going today. Exploration spending is down, exploration success is massively down, (for decades now,) permitting takes forever, (if the project isn't simply rejected ala USA,) social and environmental pushback has never been trickier, and miners have to go to ever-sketchier countries with changing rules or flat-out corruption. The world totally relies on a dozen or so mega-mines, half of which are a century old.
I like doing hobby level metal casting. When I started looking for small pieces of scrap copper my eyes were opened and I started seeing all the signs of homeless people collecting scrap copper. I see piles of burned wires, smashed electronics, junk with anything copper taken out. It's amazing that I never noticed before.
You guys made an error for tesla battery packs. They will switch from 12v to 48v for the vehicule electronic system, not the high voltage propulsion battery. 48v requires smaller cable which is why it will save copper.
The main battery pack does not change.
But is t the main battery pack 48v?
Cancun, Mexico. The cleaning lady at the gym told me that during the worst part of the pandemic lockdown, people dug up the electrical wires from the street at night, stripped the copper off and skedaddled. Neighborhoods woke up with no electricity. They had to replace the buried wires with a non-copper alloy. Crazy.
Penny ≠ Copper!! It's almost all zinc. Copper costs have driven it out of the household pipe market, moving people to plastic (=made from oil) water pipes.
Pre 1982 pennies are almost all copper.
Plastic pipes (PVC plastic) are made from natural gas, not oil. So is most plastic.
The idea that oil is the major feedstock for plastics is a common misconception.
@@dixonpinfold2582 Really? Drain pipes are PVC and have been for a very long time. Previously drain pipes were often cast iron or other materials, but NOT copper. Water supply pipes used to be mainly copper and are now commonly being replaced with PEX (cross-linked polyethylene) which I believe is a petrochemical made from oil.
@@mnntropy5615 That's true. PVC, made from natural gas, is still the main choice for drain pipes, but is not used for the drinking water supply.
And overall most plastic is made from natural gas, but polyethylene is a type of plastic which is indeed made from petroleum. So what I said initially, while entirely true, was beside the point as far as substitution for copper piping is concerned. Thanks for your reply.
America doesn't have pennies, we have cents...
Pennies are in England, Australia, Denmark, Canada etc etc...
Copper: been waiting for that promotion for decades
CORRECTION: Copper is considered to be a semi-precious metal.
Copper is a base metal.
Precious means that it doesn't really oxidate.
@Borrego a Yudando Wdym? Silver also has a positive electrode potential.
@Borrego a Yudando There are just different definitions for different fields. en.m.wikipedia.org/wiki/Noble_metal
@Borrego a Yudando basically, they aren't corrosive or just the most outer layer is able to corrode.
0:02 What? Since 1982, pennies are 97.5% zinc with 2.5% copper plating. You need over 7000 pennies ($70) to make 1 lb of copper ($3.80).
They showed a cent, not a penny.
America doesn't have pennies...
Save your copper people
What do you mean “now?” This has been going on since at least the start of the Millenium. In more rural areas, locals would steal copper from power substations, resulting in power outages.
I recall a case study in Economics (by G N Mankiw) - in 60s and 70s, when telephone lines began to be ubiquitous, copper was in high demand. With limited technology in mining and refining, it was predicted that world would run out of copper in next decade. Then boom, optic Fibre was invented replacing copper in digital communication industry.
Hope something similar magic happens.
Gee I don’t know maybe because it’s the second best conductor of electricity behind silver for a start???
Who paid for this? WSJ is highly talented at making stocks and market of their choosing artificially rise. Great work for the wealthy elite, congrats and nice work.
Old landfills in western countries have probably millions of tons of metals including copper. I wonder when EU will recognize this potential and boost landfill mining to new era
I have been saying the same thing! When I was a kid (1980s) my dad would take me to the town dump every Saturday. EVERYTHING went into a hole. Every once in a while whatever was there was burned. This went on for decades. Now it is covered over but it is a concentration of all sorts of materials that could be recovered now.
What you talking about when theres Africa to loot, exploit and steal from
The problem is that everything went to landfill. EVERYTHING. Including asbestos, polychlorinated biphenyls (PCBs), PFOA and PFOS, all of which are extremely toxic to human health and the environment. toxic heavy metals etc etc. We can barely trust mining companies to dig a a hole in simple dirt and rock without wrecking everything around them. I definitely do not trust those companies to be rooting through piles of toxic waste in search of profits.
@@yougetaspear7799you are playing the same broken vinel record again. If that is happening stop it from happening. Then take what you got and manufacture something with it. If you cannot do that stop complaining. Right now Africa can only export resources, little of anything else.
@@nelsonchinasamy9857 agreed even by force if need be and ofcourse others would wanna add value on African resources in their mother countries having weaponised the very fiat vapor printed from thinair to their sole benefit just as well
The same people who want electrification are the same people who oppose opening new mines and expanding existing ones. Make it make sense.
WSJ, just for future reference: Citing Kamala Harris does not add any legitimacy to any claim. She's a rookie legislator, at best.
It’s because everything uses copper. Pipes, cables, electronics
in short,,
EV is *not* Environmentally friendly
😊😊😊😊
instead of digging/mining it out
there is lot of copper out there, in different forms, i.e. in the unused or waste products
old earphones, charging cables, old electrical appliances, you need to salvage them
and last but not the least, driving towards sustainability... there are many brand new, unsold products having copper but are not sold in a while and will never be sold
copper can be salvaged from them too
yep not to mention the millions of copper coins in circulation stop all this 1's an 2's round everything down to 5's an 0's
Hey! Scrap copper recycling! Why hasn't anyone thought of that before? Bravo, young man, bravo! 👏👏👏👏
5million tons per year Wirth tho?
@@dixonpinfold2582 sister/brother, if know the context, you will understand what i am talking about.
@@devasish204 I understood perfectly in the first place. I have (1) expert-level English comprehension and (2) detailed knowledge of global copper markets, production and recycling.
Dream house is made of copper...
Its absolutely timeless and has been around since ancient times.
God bless ❤
Insulation sucks, though...
The use of a Penny as a representation of copper shows a lack of research by the Wall Street Journal.
Is it because they are only coated in copper or because it's a cent, not a penny?
Then why is spot price about 45 cents lower than 6 months ago?
Switch to 48v architecture in vehicles and this solves much of the problem.
Todays vehicles don't rely entirely on traditional relays or contact switch anymore so it makes perfect sense.
The problem is perhaps 20x larger than the copper-in-an-ev problem.
@@johnk-pc2zx& 2- 3 times more weight
If you need more copper then RECYCLE more.
Invest more time and money into better recycling technologies.
Everything can be reused.
Thank you,very interesting 😎
Hey, why they are not talking about recycling of copper metal extracted from e-waste or other waste? That is not worth the effort?
no, the cost of the recycling is much more than recovered copper, then recycling e-waste they only care about gold, eveything else is just bonus
Too much work , people are lazy
Oh so the whole “lets replace all fossil fuel cars with battery powered ones” won’t work? Who would’ve thought 🤦🏻♂️
the enviromental cost upfront is higher but the cost over time is much lower
@@pinkysweets dude… do you realize that “electric” cars actually run off of fossil fuels? Do you realize that batteries are only a storage device for energy, they don’t actually create energy? So…you want to run the math on that one again? I’ll warn you, I actually have a Degree in this field.
@@Camelfacekamala "electric" comes from many sources, many are way enviromental friendly than gas, and better sources are coming to the market. Your argument is just EV hating BS
@@Camelfacekamala are all the power plants run on fossil fuels this day?
@@pinkysweets debatable.
A poor effort here. No industry analysts, no professors, just a young tweezer-deprived staffer pontificating. And a callow voiceover amateur who says "doitch-bank."🙄 Then a quote from Elon Musk totally out of context: the reduction isn't in overall copper usage, just in the 12-volt wiring system. That made me pretty mad.
Why did you even bother?
Cents not pennies... arent even made of copper anymore.. theyre made of zinc
Non-precious metal is about to skyrocket itself to the precious category.
It'd be nice if affordable alternatives could be developed. I'm thinking, maybe, graphene cable tech, but yeah... probably still a ways to go to get it affordable.
Aluminium, often used for transmission lines.
Hope so..
1:06 EV require estimated 4 times as much copper as gas fueled cars and then show "graf" that ev is almost 120LB second one is 60LB yea 4 times
I noticed that as well
I'm kinda surprised that ice vehicle have half of copper needed
What's the price of copper in Oregon?
Just bought 1000 oz of copper rounds to add to my silver and gold collection. Love my metals !!
What is the current price for copper in California?
Wind Turbines.
Not windmills
😂 Ive been saving copper for 10 years 🎉
Arizona knows copper mining!
I grew up in a family of electricians and the IBEW. I've been collecting, stripping and recycling copper for decades. Easy money.
I assume you ask every single customer if you can take their scrap copper?
I'm not saying you don't, just that I work around electricians and plumbers all the time and I'm always amazed how they think anything scrap automatically belongs to them.
The customer owns whatever you are ripping out and whatever scrap is generated from new work...
Why is a copper penny worth a cent or a 1oz copper coin a 1.49?
How does it vary so much
@@Greencloud8 Minting and the desire/demand for coins makes the market for them. Raw copper sold to junk yards is a different market altogether.
@@id10t98 melt those Pennie’s raw?
@@Greencloud8 I would NOT melt them down but I would check them to see if any were collectible and worth more money. Many self checkouts at supermarkets will take them and I always get rid of some that way.
1:08 is it 4 time or twice as much?
There has been an increase in copper mine regulations, which has made it harder for copper to be obtained
the damm climate histerics at it again?
@@josepeixoto3384 Yes sir.
0:23 satisfying machine
Are there any materials with scalable production with similar properties?
Sadly No
Aluminium is not too far away. Availability is way higher but resistivity is also a bit more.
@@oadka Al's properties are obv well known. It's an inferior substitute, unsuitable to most applications.
There is not enough copper, lithium, and cobalt to allow the foreseen 100% transition to EVs by 2035.
The 100% transition require an increase in extraction and process of the fundamental metals equal to 700% of today's level.
This is why the EV transition is a bunch of hot air...
Dumb people only consider current technology.
So let me get this straight, between silver, copper, lithium and nickel. The things you need for clean energy are mined cleanly right? Unlike oil or coal? What powers these mines, clean energy? Or oil and coal? Just wondering where the clean fits in all of this.
1:44 funny, how many copper mines in the U.S. are still waiting for permits.
Too many protestors
2:32 worst sound effect added ever
1:00 mark, it is stated that Ev's will use four times the copper of gas powered vehicles.
Did you know that 120 is 2 times 60, not 4?
FUN FACT: per study done by US gov at current global rate of copper extraction it will take 189 years to produce one generation of technology units to electrify the United States. Don’t expect it to ever happen in the lifetime of anyone reading this comment
Non precious metal? Not any more.
You know is valuable when every abandoned building is immediately looted of its copper
Its ILLEGAL to troll the landfill for scrap metal 😂
What about recycling the countless electronics - in ewaste facilities - that have copper in them.
Have you ever tried to turn a cake back into eggs and flour? It ain't easy or cost-effective.
That Ewaste Ben guy from Australia seems to do alright recycling it !! Check him out !
this ad brought to you by *insert legacy car maker here *
You’ll know we’re in trouble when they start tearing the green copper roofs off the old courthouses to build electric yogas.
1:09 2x60=120
They can double the machinery and manpower at those mines
Lol
And what about pad space, heap leaching limits, plating capacity, mill capacity, and tailings capacity.
There isn’t a direct correlation between manpower and lbs Cu produced.
Those mine protest in Peru made me a good sum of change on some call options 😂🤑
Best company s
Am I the only one who thinks something has to give? Copper prices seem unreasonably low outside of nominal terms.
Now that telecom companies are rolling out fiber… can you imagine how many tons of copper can be pulled off the telephone poles… time to mine the poles 😂
And from underground.
I find it in the dumpster and in the garbage all the time.
Why change the thumbnail?
All I keep hearing is how valuable copper is and it's on the cusp of a boom but it has only languished in price since it topped on 2021. I'll believe all the hype once it starts rising again.
Have to set everything up first. CHIPS Act, ✅. CIA agent turned U.S. ambassador that met with defense minister day before Peru's president was overthrown; Monroe Doctrine, ✅.
You’d think it is suppressed on purpose
Just like silver and gold
wall street so high and mighty they think us peasants think copper is cheap! the audacity.
I wonder if those smelting ovens and pots for raw copper smelting (shown here) are heated with the use of renewable energy. Please let me know.
Like methane gas, manure???
copper, the non precious metal, that became a precious metal in the 21st century...
We don't need more cars, even if electric . Just use a bicycle
Good luck riding your bike when you have a broken leg and need to go to hospital. Have fun shifting house on your bicycle. Why don't you also just live in a cave, you would want a house built by people that have used vehicles would you? Perhaps you should stop using anything that has plastic made from oil as well, like your phone, TV and computer. Really want you want is the dark ages again.
A bicycle is just perfect if everything you need is within a mile radius of your home and you don’t have kids.
@@farticlesofconflatulation 3.5 miles is reasonable for me . That's the distance from my home to the dentist.
Good let the stupid green energy movement die. It is actually not very green when you look at all the mining and other issues associated with EV's and this green movement. It's all a lie.
I can't agree more, so true
Can use aluminium conductors but copper is still needed for electric contacts and busbars, electronics.
Me watching this as I’m stealing copper wires out of an electric substation 😮
Copper is worth more than pennies
Pure copper is $3 a pound at the moment. If you are going to buy copper for investment, make sure you don't pay $26 for one of those 'Copper Element Bars'. And buying 1 oz copper bars for $3 is obviously not a great investment.
Copper is $3.89 right now and hasn't been down to $3 since Oct 2nd 2020.
I would suggest a new source for your copper info...
This is not about environmental, it’s about marketing.
get copper from electronic waste
ea-nasir rubbing his hands together and evil snickering rn
Copper prices actually depending on whether car-centric transportation remains or not. Transition from car-centric to walkable bikeable mass transit based will decrease copper demand alot and much better for environment too
'Better for environment too'
How so?
Public transportation centric would be better. I'm sick of car crash deaths. People are too chaotic and stupid for cars and walking around with cars on the streets.
Copper will always be valuable to some extent.The more mines that shut down the more it's worth.
Queue all the politicians buying up shares in copper mining companies
This is why this is all greenwashing. The only way to prevent climate collapse is to reduce our needs and not mine more stuff. Imagine how much waste is produced at such a mine.
The climate has been through vastly bigger faster changes than what we can do, and nothing collapsed.
Hopefully Ea Nasir doesn’t sell us low quality copper 😒
Why promote more mines ?
Melt down the pennies, we need to start saving our resources!
Problems on global copper supply rate side against a so strong global copper demand rate will drive copper prices higher in the long term¡¡We are living with a so big copper deficit right now¡¡¡Big gap¡¡And a big problem of course¡¡It's very important to increase mining exploration investments to look for new mines and deposits ¡¡Copper has an upward trend¡¡No doubt¡¡
Nice
If wall street promoting copper, people gonna steal copper metal.
Which country has large reserve of copper
Chilie
Only in the West where it will take 10 years to start new mines , 🇨🇳 can start the next month
The London tube is always getting serious delays because thieves strip the copper signalling wire from the trackside
But silver’s better conductor of heat and electricity than copper!
Copper now at 10,000 per ton
Why most of your videos sound are low?
So that are eardrums can bleed when the ad plays at the end of the video
Another good reason to get rid of the penny.
They used to make pennies out of steel.
Pennies are valuable.
so the next time i visit an abandoned building ill yank the cables to sell the copper :)
Your bail should be low so you'll only spend a night in jail...
@billymacktexasdetective5827 Depends how money hungry the judge is 😊
Alot of countries has big copper reserves?
Chile has copper and no environmental pollution laws . 29 percent of global copper production
Probably Antarctica
never knew 120 pounds is 4 times of 60 pounds till I watched this video
Lol right? Saw that too, this video is such garbage.
I could break an arm or a leg for a copper or two..
Thanks to prices, South Africa is losing vast amounts of power cabling, to the extent that people are going hungry or freezing. Of what use is freedom to a corpse?