Why Copper May Be One of the Tightest Markets The World Has Ever Seen
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 30 May 2022
⏱️ 46 minutes
🧾️ Download transcript
Summary
These days, oil gets all the attention. Consumers feel and see the pinch directly every time they fill up their gas tank. But the big story in the next decade could be copper. It's not easy to ramp up copper production, due to the upfront cost and lead time in getting new mines online, and demand is expected to soar in part due to green initiatives. On this episode we speak with Goldman Sachs metals strategist Nick Snowdon about why the copper market is expected to be incredibly tight.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Do you know what your interest rate is on your savings account? |
| 0:02.7 | I bet it's lower than you think. |
| 0:04.4 | Go ahead and look. |
| 0:05.2 | And in the meantime, I'll tell you about US Treasury bills on public. |
| 0:09.2 | As of 9-1-2023, you could earn an annualized 5.5% yield with T-bills when held to maturity. |
| 0:16.2 | That's the highest rate on six-month Treasury bills since the year 2000. |
| 0:20.0 | Go to public.com slash T-Bill podcast to get started. |
| 0:23.8 | This is a paid endorsement by public.com, |
| 0:26.0 | fees and conditions apply. |
| 0:27.3 | Treasury accounts at public.com or through GICO Securities Inc. |
| 0:30.4 | Member Finra and SIPC. |
| 0:31.9 | Not FDIC insured? |
| 0:33.1 | No bank guarantee. |
| 0:34.0 | May lose value. |
| 0:34.8 | Full disclosures can be found at www.public.com slash T-Bill podcast. |
| 0:41.4 | The Bloomberg Sustainable Business Summit returns to New York on October 5th, |
| 0:45.6 | featuring leaders driving innovation in sustainable business and finance. |
| 0:49.6 | Looking at the latest trends in green financing and ambitious ESG goals, |
| 0:54.0 | speakers include executives from KKR, |
| 0:56.5 | Macy's, Green Giants, C-16 Sciences, Environmental Defense Fund, and more. |
| 1:02.1 | Summit Advisor, Principal Financial Group. |
| 1:04.7 | Visit BloombergLive.com slash SVSNY slash radio to learn more. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.