Usually, strong copper prices are a good sign for the world economy.
It is a “secret” indicator that has become so accurate over the decades that investors have dubbed it “Dr. Copper.” However, this time rising copper prices are being as “a shortage,” and “inflationary.”
This is why the market and not the govt should be in charge of the economy. The govt is full of fools led by the corrupt. They don’t care if products work.
And in when the government does intervene in the market
it should be in broad ways . . . like a gas tax but
zero favoritism for EVS over nat gas vehicles
or wind over solar,
zero interference with drilling,refining and pipelines.
I’m guessing the engineers and geologists working on it know their trade and have not found a cheaper solution than digging up more copper.
Then again Nikola Tesla considered all the available conductors and foresaw this day. He knew one day we would run out of conductive metals eventually and wanted to build a network of tall towers and send lighting bolts from power plant to city to next city, His calculations are still around somewhere.
I am not an expert on the topic.
I recently learned that the many many tons of high voltage wires (needed to upgrade the grids with or without EVS) is made of aluminum.
If we consider all the energy capacity, carried by all the all the oil pipelines in America, being replaced by aluminum wires carrying the same amount of energy . . . think we might run into an aluminum shortage too.
We’re talking a lot of miles of some very large pipeline.
Really dumb idea to try and send electricity through the air or ground like that. Because physics. Incredibly inefficient. You would be broadcasting electricity everywhere only to pick some of it back up where the power is needed. Long read but thorough debunking of his ideas.
I recently ordered one piece of sodium and one piece of copper.
When the delivery guy showed up, I noticed that he was only holding the sodium. I asked him,