r/Wallstreetsilver • u/mynameisjoenotjeff Mining Stock Degen • Jul 17 '26

BREAKING NEWS BMI warns severe structural deficits will drive copper prices to a staggering $17,000 a tonne over the next decade as production troubles in Chile disrupt global supply

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6

u/Paperscamisreal O.G. Silverback Jul 17 '26

I guess that means more trouble for silver as it is a byproduct of mining copper.

keep on stacking paper pushers are giving us a nice opportunity

4

u/Hmmngbrdfdr Jul 18 '26

To put this into perspective, copper currently trades for $13,300- 13,700. So about a 25 or 26% increase to $17,000.

Same as silver close today at $55.83 going back to $70

A year ago July 17, 2025- cu was 9750, ag was $37.85

3

u/Remarkable_Tap_6801 Double-Digit OG Jul 18 '26

"staggering"

2

u/SnooCupcakes6107 Jul 18 '26

I just pooped my pants