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Economists at TD Securities expect Copper to embark on a significant race higher in the long run.
The timing could be ripe for a multi-year rally to kick-off
This isn’t the breakout we’ve been anticipating; it’s more of a litmus test. However, the fundamentals of copper for the next decade are exceptionally promising, signaling a potential supercycle ahead.
Indications that copper markets have entered a phase of structural deficits suggest that conditions are ripe for the commencement of a multi-year rally.
