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Copper

COPPER, THE MUSICAL.. ERR I MEAN, GUIDE. (Cu, Copper)COPPER, What's the deal with this shiny brown stuff that I hear everyone steals? Should I steal copper or is there a better way? What do I need to know? What is the fast summary to catch me up? First, let's talk about the technicals. Some massive trends, all strong. price targets labeled there are numbers that go pretty high, but it seems a retracement might be needed to get there. Potential to buy under 3. Potential to sell over 4. idk where it heads first. Copper: A Comprehensive Overview Introduction Copper , denoted by the symbol Cu on the periodic table, is a versatile metal with a wide range of applications. It is renowned for its excellent electrical and thermal conductivity, corrosion resistance, and malleability. These properties make it a valuable resource in various industries. Uses of Copper Copper is extensively used in the electrical industry due to its superior conductivity. It forms a crucial component in electrical equipment such as wiring and motors. In the construction industry, copper is used for roofing and plumbing, thanks to its durability and resistance to corrosion. Interestingly, copper’s antimicrobial properties are leveraged in healthcare settings to reduce the number of patients who acquire infections in hospitals. How and Where Copper is Found Copper is typically found in nature in association with sulfur. The extraction process involves mining and concentrating low-grade ores containing copper sulfide minerals. This is followed by smelting and electrolytic refining to produce pure copper. Copper deposits are found in various locations worldwide, including South America, South Central Asia, Indochina, and North America. It is found as a primary mineral in basaltic lavas and also as reduced from copper compounds. History of Copper Use Copper has a rich history of use by humans. It was one of the first metals ever extracted and used by humans, first appearing in coins and ornaments around 8000 B.C. The advent of copper tools around 5500 B.C. helped civilization emerge from the Stone Age. Copper in the Periodic Table In the periodic table, copper is a transition metal located in Group 11, along with silver and gold. These metals share similar electron structures, which result in many shared characteristics. Comparable Metals and Alloys Copper is often compared to other “red metals” like brass and bronze. While copper is a pure metal, brass and bronze are copper alloys. Brass is a combination of copper and zinc, while bronze is a combination of copper and tin. Copper is also alloyed with other metals like nickel, aluminum, and beryllium to enhance its properties. Costs and Difficulties of Working with Copper Despite its importance, the extraction and use of copper come with significant challenges. Mining copper can lead to environmental hazards, affecting water access, air quality, and Indigenous cultural sites. Moreover, the cost of copper has been rising due to increasing demand and supply constraints. Future Potential of Copper The future of copper looks promising, especially considering its role in the energy transition. Copper is critical for renewable energy systems, including solar and wind power, and electric vehicles. However, the potential for a copper shortage is drawing concerns about how to sustainably meet future demand. Conclusion Copper is an incredibly versatile and important metal with a rich history and a promising future. As we continue to innovate and move towards a more sustainable future, the role of copper is likely to become even more significant.
CAPITALCOM:COPPEREducation
by nicktussing77
2
PLATINUM, WHAT IS IT AND WHY THE HECK WOULD I WANT THIS METALWhat is Platinum? Platinum is a chemical element with the symbol Pt and atomic number 78. It belongs to the noble metals group, which also includes palladium, rhodium, iridium, osmium, and ruthenium. Platinum is characterized by its high density, malleability, ductility, and resistance to corrosion. These unique properties make it an invaluable material for various industrial applications. Where is Platinum Found? While platinum is relatively scarce, it is not as rare as some other precious metals. The majority of the world's platinum supply comes from two main sources: primary production and recycling. South Africa is the leading producer of platinum, contributing significantly to the global supply. Russia, Zimbabwe, and Canada also have substantial platinum deposits. Platinum is often found alongside other minerals, such as nickel and copper, in ore deposits known as platinum group elements (PGE). Extracting platinum from these ores involves complex processes that require advanced mining and refining technologies. Why Would You Want Platinum? Jewelry and Luxury Goods: Platinum's brilliant white sheen and resistance to tarnish make it a popular choice for crafting high-end jewelry. Platinum jewelry is not only exquisite but also durable, making it an ideal choice for engagement rings, wedding bands, and other fine accessories. Catalytic Converters: The automotive industry extensively uses platinum in catalytic converters, where it plays a crucial role in reducing harmful emissions from vehicles. Its catalytic properties make it an essential component in promoting cleaner air and environmental sustainability. Electronics and Industry: Platinum is a key player in various industrial applications, including electronics, due to its excellent conductivity and resistance to corrosion. It is used in the production of electrical contacts, laboratory equipment, and in the manufacturing of glass. Investment and Financial Markets: Platinum, like gold and silver, is considered a precious metal and is actively traded in financial markets. Some investors choose to include platinum in their portfolios as a hedge against inflation and economic uncertainties. Platinum mining is a challenging and complex process. Extracting platinum from the Earth involves several intricate steps, and the scarcity of platinum deposits adds to the difficulty of mining this precious metal. Here is an overview of the key challenges associated with platinum mining: Ore Extraction: Platinum is often found in combination with other metals, forming platinum group elements (PGE) deposits. Extracting platinum from these ores requires advanced mining techniques. The ores are typically low in concentration, making the extraction process more intricate than that of more abundant metals. Depth of Deposits: Many platinum deposits are located deep underground, which adds to the complexity and cost of mining. Deep-level mining requires specialized equipment and poses safety challenges for miners. In some cases, mines may extend kilometers below the Earth's surface. Energy Intensity: The extraction and refining of platinum involve energy-intensive processes. The high temperatures required for smelting and refining contribute to the overall energy consumption of platinum mining operations. Environmental Impact: Mining operations, especially in ecologically sensitive areas, can have significant environmental impacts. Platinum mining may result in habitat disruption, soil erosion, and water pollution. Sustainable mining practices and environmental regulations are essential to mitigate these effects. Labor Intensity: Mining platinum is a labor-intensive process that requires skilled workers. The complexity of the operations, coupled with safety considerations in deep-level mining, makes it essential to have trained personnel. Market Volatility: The platinum market is subject to price fluctuations, influenced by factors such as supply and demand dynamics, economic conditions, and geopolitical events. This volatility can impact the profitability of mining operations and investment decisions in the platinum industry. Technological Challenges: The extraction and processing of platinum ores require advanced technologies. Developing and implementing efficient and environmentally responsible mining technologies is an ongoing challenge for the industry. Despite these challenges, the demand for platinum in various industries, such as jewelry, automotive, and electronics, continues to drive the exploration and extraction of new platinum sources. Innovations in mining technologies and sustainable practices are being explored to address the difficulties associated with platinum mining and ensure its responsible and ethical extraction. THE TECHNICALS Sharp downtrend, weak, although down, it is a support trend. Two strong (one stronger than the other) support trends, IF UNDER, THEN BUY is probably the rule for those. It looks like there is some downside to come, which has been showing. The ideal price targets are thicker, and basically mean, under perfect conditions, I'd exit and enter at these levels, however, nothing is ever perfect. AS far as what the technicals say for price, I'd say there is a good chance it can maintain $800, however, there is a possible dip showing, which takes price down to $700. Again, these are both under or at major trends, and we can say that if price gets to these levels, I have a better than average chance at profit. AND if I'm wrong, I'm backed up by multiple support lines, which means less time in the red. Other scenario is where the bullish momentum keeps moving up at we head up to 1200 or so before hitting that huge dip. However, I tend to see this as the less likely option. RSI is showing the dip, along with various other indicators as coming in the short term and being backed up with support and buying in the longer term, this doesn't include a black swan event, which would theoretically take the price way down, and rocket to all time highs, as platinum will likely hold value. Good luck!! Personal opinion, I'm bullish long term from a fundamental side and technical side.
TVC:PLATINUMEducation
by nicktussing77
Commodities - What are they and how do they work?This article is continuation to the series of educational articles on basic fundamentals in regards to particular asset classes. If you have not read our previous article on stocks, feel welcome to do so: In order to read the article click on the chart above. Commodities are basic goods used in commerce that are interchangeable with other goods of the same type. They are usually refined or used for production of other goods. Commodities can be traded privately or on public market exchange where they must meet specified minimum standards like quality, weight, type, etc. They are great speculative investments which tend to be ruled by cycles and interaction between supply and demand. Classification of commodities In order to distinguish between particular characteristics of each group, commodities can be categorized according to their type and origin. Commodities that are mined or extracted are called hard commodities (oil, gold, silver, etc.) while commodities that are grown are called soft commodities (wheat, rice, livestock, etc.). Though, commodities can be sorted even further into smaller sub-categories. For example, metals can be divided into industrial metals (copper, nickel, iron, etc.) and precious metals (silver, gold and platinum). Additionally, the agricultural sector can be divided into livestock and grains; and the energy sector can be divided into oil, coal and natural gas. Other commodity sectors can be subcategorized in the similar fashion. Raw materials Primary commodities which are unprocessed and serve as input for production of other goods are also called raw materials. Raw materials involve, for example, crude oil, copper, iron, wheat and corn. Commodities exchanges include: Asia Pacific Exchange (APEX) - Singapore Chicago Board of Trade (CBOT) - United States Chicago Mercantile Exchange (CME) - United States Dalian Commodity Exchange (DCE) - China London Metal Exchange (LME) - United Kingdom National Commodity Exchange Limited (NCEL) - United States New York Mercantile Exchange (NYMEX) - United States Shanghai Gold Exchange (SGEX) - China Correlation Some commodities tend to show correlation with other assets. Such correlation can be positive or negative. Positive correlation means that two assets behave in a similar way. For example, when gold rises then mining stocks rise as well. Contrary to that, negative correlation describes such behavior in which assets move in the opposite direction to each other. For example, when USD/EUR rises then gold in USD tends to decline. Illustration 1.01 Illustration above shows the monthly chart of USOIL. It also shows USDEUR (orange line). Negative correlation between these two assets is observable. When USDEUR falls then USOIL tends to rise. Participants, spot market and derivatives market Commodities are great anti-inflationary assets which are often sought by producers and speculators alike. Producers tend to use commodities with purpose to hedge their risk; furthermore, they often demand delivery of physical goods. Speculators, instead, try to exploit volatile price movements in commodities with the goal to profit from it. Commodities can be bought and sold through the spot market or derivatives market. Spot market simply means buying or selling cash positions while derivatives market involves investing in futures, options, ETFs, etc. Seasonality Some commodities are prone to seasonal cycles which means that they tend to show the same or very similar behavior based on a particular calendar season. For example, in some countries, production of a certain crop may vary during the wet season and drought season. Similarly, heating prices tend to increase during the harsh winter as opposed to during the hot summer. Concept of seasonality is also applicable to commercial and industrial trends. DISCLAIMER: This content serves solely educational purposes.
OANDA:XAUUSDEducation
by Tradersweekly
7
Inflation Proxy StablizingDoubleLine's Jeff Gundlach often refers to the copper/gold ratio as a proxy for U.S. yields. Although this is comprised of two commodities that tend to do well in rising inflation, it can be seen as a growth proxy as well, which in turn filters into where yields are moving. Market participants often allocate to copper when growth is trending higher and, conversely, gold when growth is muted. We currently have a record net-short positioning on copper which could suggest yields may move higher.
TVC:US10YEducation
by TheMacroStrategist
Best intruments to short term trade: Looking at the spreads.Howdi fearless gamblers. Today/Tonight/Yesterday I want to post about spreads. I have spend some time calculating them, so I thought, why not share? It does not cost me anything and it has value to you. In what is best to short term trade, this is what you must look at (correct me if I am wrong): - The volatility: if it does not move you are not going to get anything out of it. - When are we open? Does it fit your time schedule? - Your personal preference. - The spreads: if you aim for 1% moves and 0.3% is going to the broker, you won't get very far... Of course, this is not very important for anyone holding trades over periods of several days or weeks. So this is what I have: Currencies All calculated with FXCM, it is around the same everywhere (decent). *** USD pairs *** --- Tier 1 --- EURUSD => 0,010% USDJPY => 0,010% GBPUSD => 0,011% --- Tier 2 --- USDCAD => 0,017% USDCHF => 0,017% USDMXN => 0,017% --- Tier 3 --- AUDUSD => 0,023% --- Tier no thank you --- NZDUSD => 0,027% USDSEK => 0,031% --- God Tier --- USDCNH => < 0,0075% *** Cross pairs *** --- Tier 2 --- EURJPY => 0,016% GBPJPY => 0,018% EURCAD => 0,018% EURNZD => 0,020% EURAUD => 0,015% EURCHF => 0,019% --- Tier 3 --- GBPAUD => 0,022% GBPCAD => 0,022% --- Tier no thank you --- AUDCAD => 0,027% GBPNZD => 0,025% EURGBP => 0,024% AUDJPY => 0,026% AUDNZD => 0,032% CHFJPY => 0,022% GBPCHF => 0,027% --- Tier lol dis a joke man? --- NZDCAD => > 0,045% The Forex moves I look at that happen in a few hours to maybe 2 days are 0.30% 0.50% 0.75% 1%. A spread of 0.03% is 10% of that 0.30% move. Futures --- Tier 1 --- Gold => 0,03% Moves twice as much as FX --- Tier 2 --- Copper => 0,11% Moves 3 times as much as gold, 6 times FX. Oil => 0,07% Moves a little more than gold I think? Maybe 1,5-twice as much. --- Tier lol dis a joke man? --- Silver => 0,30% TOO DAMN HIGH NatGas => 0,33% Moves alot, but still too high. Cryptocurrencies The volatility at the time is non existant for crypto but it will change so I am looking at it anyway, for the day this changes (I get spammed with alerts every day for FX and see moves over and over and over, crypto? Something I might see 30 times a month with FX I might see once a time with crypto. Just look at the charts.) So usually the commissions are the same for all, on Binance without BNB it is 0.1%. Crypto moves are 3% 5% 7.5% 10% etc (with bigger risk thought). On Kraken it is going to be more or less the same as Binance, it depends on your volume. On Bittrex Polo etc it is higher (unless it changed). If you are taker you got higher fees + a little spread. So if it moves 10 times as much as FX (when it moves I mean), you dive 1% by 10, BUT remember you will pay it twice (go long and take profit). So 0.2% / 10 = 0.02% Which places Crypto between Tier 2 and Tier 3. Same as a GBP pair or Copper. Copper moves as much as Bitcoin too or almost as. Pretty much you can trade either and have the same experience minus the sideways and armies of bagholders telling you what a fool you are for not accumulating with Copper. Indices I do not have the values with me but alot are super low, with DAX the lowest and NASDAQ second, maybe the euro thing too. The big indices are tier 1. UK and French ones I think are tier 1 too. The surprise for alot of people would be that Dollar vs Yuan is the one with the lowest spread. Every one is talking about how many pounds per pip and how many pips they take because they are obssessed with how much money they will make and really bad at math. That is not what matters. What matters is USDCNH has the lowest spread and is the most profitable thing to trade in the whole universe if everything else is equal. * It depends WHEN you look at USDCNH thought... At the time, I am fully focussed on trading FX perfectly before I move back to anything else. I only trade the tier 1 to 3 as well of course, as the mighty USDYUAN. So this is my watchlist and what I am trading at the moment, 16 of them: FX:EURUSD,FX:USDJPY,FX:AUDUSD,FX:USDCAD,FX:GBPUSD,FX:USDCHF,FX:USDMXN,FX:USDCNH,FX:EURJPY,FX:GBPJPY,FX:EURCAD,FX:GBPAUD,FX:GBPCAD,FX:EURNZD,FX:EURAUD,FX:EURCHF I really want to trade gold and copper again, but for now I am focussed on perfecting a new strategy (I already had one before but I wanted to master a new one... I cannot help it I am too competitive...). Then I will add Futures again, and then go look at crypto, which might have stopped being unbearably pointless by then. I think we get a mighty dump in the next weeks, but that will not mean the volatility is back, just a mighty dump a sharp bounce, and then back to boredom for months or even years. I am not interested in looking at stocks. Open a few hours a day with only the first and last hours being worth spending time on? Haha no than you! I would rather do macro economics and trade indices. I cannot be bothered with the latest FOMO news and this mighty stock that will make idiots millionaires GUARENTEED.
Education
by MrRenev
1