Here's your summary from Copper Could Hit $15,000 Says Martin Wiggen of Svelland Capital (https://www.youtube.com/watch?v=VmQh86InAY4) on the Bloomberg Television channel:
### TLDR:
Copper prices could reach $15,000 due to increased demand from energy transition and infrastructure upgrades, with central bank buying driving gold prices up.
### Key Points:
1. Central banks, led by countries like China, Turkey, and India, are driving up gold prices due to political concerns and economic instability.
2. The copper market is experiencing a surge in prices due to the energy transition, infrastructure upgrades, and lack of supply solutions like shale.
3. Speculative trading and real money investments are expected to further drive up copper prices in the next 12 to 18 months.
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