you'll want to read this living legend's thoughts on copper - top quality air purifiers

Last week, AmericaS.
The Global Investor Office was visited by Robert fredeland, a young mining legend, billionaire founder and executive chairman of afenjo mining.
Back in the middle if you don't know
In his 1970 s, Robert was the administrator of an apple orchard in southern Portland, where a friend of his Reed College often went.
The friend, Steve Jobs, later found a small company he called --what else? —Apple.
Before Robert and Steve Jobs started walking around, Jobs was called a shy and withdrawn person.
It was Robert who taught his skills in what many people call "reality distortion.
"I 've seen Robert's countless speeches over the years, and I can prove his superb ability to fully control a room of hundreds with his power charm.
These charms must be reflected in the workplace, helping future iPhone innovators to become savvy and bigger --than-
His life was as popular as it is today.
During the visit, Robert's "reality distortion" was fully demonstrated.
Like my America, I feel happy and honored. S.
Global team members have the opportunity to hear his unique insights on a wide range of issues such as India's Delhi's debilitating smog;
Strive to become the world's leading electric vehicle for China (EV)economy;
Affinhorn show, camo-
The Kakula copper project in Congo (King) ranked highest independently
Copper Grade is found worldwide.
Robert put forward a very convincing reason for Kamoa.
He called it "the most destructive first-class copper project in the world today ".
"In the first year of production, its average copper grade is estimated to exceedhigh 7. 3 percent.
As the site is flat and unoccupied and wages are paid in local currency, the cash cost of the mine's life cycle is expected to be low and low at $0.
Copper 64 per pound.
At the time I wrote this, the price of copper was $3.
20 per pound, so the profit is very big.
After the first $1.
The capital cost of developing the project is 2 billion, and the company expects the payback period to be only 3. 1 years.
This is a very attractive proposal.
I remind Robert that we are bullish on copper and the industries it supports, including the upcoming electric vehicle revolution and the huge electricity demand in emerging markets, especially in China and India.
As I pointed out before, electric cars need 3 to 4 times more copper than conventional natural gas
Power car.
2027, up to 1.
According to the International Copper Association, it takes 74 million metric tons of copper to meet the needs of electric vehicles alone, compared with 185,000 tons today.
Red metal was one of the best performing commodities last year, up more than 30%, and investment demand almost reached
I expect that the rate of return will be at an alarming level this year.
This will be the third consecutive year of positive growth in copper prices, which have not been achieved in the decade.
As you can see below, the Chicago Mercantile Exchange's public interest in copper futures (CME)
Even after cooling from all of it, it is still at a historic high
A record high at the end of July, when contracts averaged 319,000.
The average amount of open positions last month exceeded 285,000, an increase of 7.
3% and 26 month on month.
% From December 9, 2016.
Robert believes copper
Together with aluminum, cobalt, nickel, platinum and SC
It will be one of the biggest beneficiaries of the global transformation of electric vehicles and clean energy.
"You need a telescope to watch the price of copper in 2021," he told us dramatically . ".
A rally has already begun.
The Bloomberg industrial Metals sub has soared more than 65% since its new low two years ago this month. The index tracks aluminum, copper, nickel and zinc.
Copper prices could go higher due to global supply disruptions, as labor negotiations continue in Chile, the world's largest red metal producer.
"20 to 25 collective negotiations are expected.
If some of them lead to a major strike, it will have a positive impact on [copper]
Price, "explained Sergio Hernandez, vice chairman of the Chilean National Copper Council Cochilco.
As I pointed out earlier, other basic trends are driving commodities.
Global Purchasing Managers Index (PMI)
A measure of manufacturing is close to seven. year high.
Confidence in the euro zone has turned positive.
And construction spending in the United States. S. hit $1.
257 trillion, a record high in November.
About half of the world's annual copper production is consumed by China.
Last year, the Asian giant set a new record for importing red metal.
Imports climbed to unprecedented levelsbefore-seen 17.
35 million metric tons in 2017, an increase of 2.
Growth of 3% over the previous year.
This metal is not only the need to build new buildings, but also the need to build millions of new electric vehicles in the world's largest car market.
At some point this year, China is expected to announce when it will ban natural gas.
More and more other countries, including the United States, have joined this line. K. (
This is the shooting of the 2040 ban. , France (2040), Germany (2030), India ("Next 13 years ")and more.
According to Bloomberg New Energy Finance, about 1,293 gigawatts per hour (GWh)
Prediction of lithium
Ion Battery market
This is spectacular from only 19 GWh in 2015.
Demand of about 2 out of 3 will come from China and the United States. S.
To accommodate all these new electric vehicles, China has promised to build a charging station for each vehicle on the road by 2020.
This is equivalent to about 4.
8 million charging stations and charging stations with a total investment of US $19 billion.
By the end of September, China had 190,000 charging stations, so it was an understatement to call the goal ambitious. The U. S.
By contrast, according to Doe, there are more than 64,000 outlets and stations across the country.
Even William Ford, Jr.
The executive chairman of Ford Motor acknowledged that the Chinese were more aggressive than most in their mission to embrace electric vehicles in an all-round way.
Ford said in Shanghai last month: "When I think about the direction of electric vehicles, it is clear that China will lead the development of electric vehicles in the world.
"China is not only the largest importer of copper, crude oil, natural gas and other natural resources, but also more than other countries in terms of new clean energy capacity.
The country has invested as much as $132.
2017 was 6 billion, about 16% higher than the United States. S.
One with Europe
The government's efforts seem to have had a positive impact, as sales of masks and air purifiers in Beijing have fallen sharply compared to last winter.
Another market in urgent need of clean energy is India.
In the capital, New Delhi, air quality has become so harmful and full of heavy metals that the World Health Organization compares to smoking at least 50 cigarettes a day.
The city's chief minister, Arvind Kejriwal, even called it a "gas chamber ".
"It's not just governments that seek energy diversity.
Royal Dutch Shell, Europe's largest oil company, is steadily acquiring small suppliers of electricity and gas.
On December, the company announced the acquisition of First Utility, a retail energy supplier.
It's just the latest in a series of purchases from big oil and gas companies, and they're looking forward to the day when charging stations instead of gas stations can become the norm.
Shell CEO Ben van beurden said in an interview this month that the current energy transformation is an opportunity.
"We have to embrace the future and the future will include battery electric vehicles," Van Beurden said . ".
"It is important that I believe Shell can achieve this without undermining the value of the company.
It is about identifying real business opportunities for prosperity through energy transformation.
As my friend Robert fredeland has seen, copper, aluminum, cobalt and other key industrial metals are the source of these business opportunities.
"We are in the battery business," he told us . " He added that the content of lithium is very low
It's actually a lithium battery.
Last week I attended the black diamond investment conference at Delray Beach in Florida and was excited to see a 2007 Lamborghini Murcielago for sale.
Not so much as it's a Lamborghini, the seller is just looking to pay in cryptocurrency.
If you have 48 bitcoins around you
At today's price, it's worth just over half a million dollars.
You can be a proud new boss.
Quality sports car.
I am happy to see more transactions between bitcoin and other cryptocurrency.
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The purchasing managers index is an indicator of the health of the manufacturing economy.
The PMI index is based on five major indicators: new orders, inventory levels, production, supplier delivery and employment environment.
The Bloomberg industrial metals sub-index is long-
Futures contracts for aluminum, copper, nickel and zinc.
It reflects the return of the fully mortgaged futures position and offers in US dollars.
The fund portfolio is actively managed and holdings may change every day.
Holdings report for the most recent quarterend.
The following securities mentioned in the article are held by one or more of the United StatesS.
As of 12/31/2018: Global Investor fund of afenhao Mining Co. , Ltd.
Royal Dutch ShellU. S.
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