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The World Needs Copper More Than Ever, Higher Prices Are the Only Solution: Max Porterfield
CEO of Callinex Mines (TSX-V: CNX | OTCQX: CLLXF) Max Porterfield points out that extremely low copper inventories worldwide are creating a very precarious supply situation for the metal that is signaling for higher prices up ahead. Max also discusses the trend of dedollarization and gold's role in the global economy, as well as giving an overview of Callinex Mines.
Callinex Mines Website: https://callinex.ca
Follow Callinex on Twitter: https://twitter.com/Callinex
Disclaimer: This video was conducted on behalf of Callinex Mines Inc, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: https://portal.goldstandardir.com/disclaimer/CLLXF-208
Follow me on Twitter: https://twitter.com/jessebday
00:00 Introduction
00:26 Max Porterfield Origin Story
03:16 High Interest Rates and Commodities
05:29 Copper Shortage
09:42 Recessionary Impact on Copper Prices
11:00 Zinc Macro Overview
16:19 Trend of Dedollarization
21:41 Callinex Mines Discoveries
25:39 Institutional Investment in Callinex
28:14 777 Mine Closure
30:30 Reasons to Invest in Callinex
#copper #copperstocks #basemetals
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