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Hedge fund manager Pierre Andurand predicts the copper price could quadruple to $40K/metric ton as demand surpasses supply due to global energy transition.
April 12, 2021 Precious metals, particularly silver futures and ETFs, are falling Monday, as the futures traders may be reigniting the downtrend to begin the trading week, amid a dearth of headline news to help move markets. June gold futures dropped $16.50 to trade at $1,728.30 an ounce, while May Comex silver futures declined $0.570 to $24.75 an ounce. The moves have been tougher on silver which is down 2.25% as of almost 3 PM EST. Technical analysts are suggesting that silver remains in its nearly 3-month downtrend, which could be reasserting itself based on the action from last Friday ...