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Copper Ready to Explode on Fed Rate Cut, Ivanhoe’s Friedland Says

Posted

January 23, 2024

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Robert Friedland, founder and executive co-chairman at Ivanhoe Mines, says the physical market for copper is “very, very tight and now in deficit” as he sees a Federal Reserve rate cut pushing up the dollar-denominated price of the metal by the middle of the year.

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Copper Ready to Explode on Fed Rate Cut, Ivanhoe’s Friedland Says · Bloomberg Television · Sentinel