Copper is necessary for construction, electricity transmission and transportation, meaning it can serve as a fairly reliable gauge of economic growth.
Copper was one of the first metals tamed by the human race; people were using it for decorative objects, tools and weapons as early as 4500 B.C. in Mesopotamia. In modern society, the element is necessary for construction materials, electricity transmission and transportation. That means it can serve as a fairly reliable gauge of economic growth, with demand indicating how much effort a country or region is putting into industrialization and urbanization....
TO READ THE FULL ARTICLE
Copyright © Stratfor Enterprises, LLC. All rights reserved.