“Peak production” panic surrounding copper (and other commodities) is “overblown”

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A piece from the Peterson Institute on rising prices and rising concerns of running out of critical resources.

The article argues that:

  • Peak arguments resurface over and over because they both seem intuitively plausible and play on humanity’s fundamental fear of scarcity. 
  • But they are almost always wrong.

Its an interesting piece, worth a read. I guess the critical bit is that “almost” word 😀 

copper mine

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Source forexlive

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