Yankiwi since when can you transmit power over fibre optic cable
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Yankiwi since when can you transmit power over fibre optic cable
than will pail in comparison to the mass of copper needed for new electrics be it cars,computers,tv,cellphones,power plants etc etc
I remember reading awhile back that China was building a city the size of Brisbane in total new buildings nationwide per month back in the start of the resource boom -china is still growing be it abit slower
the resource bull market has taken a breath over the last year now it with the help of trillion's of easy money is set to carry on
Yankiwi In most places telephone lines have not been around for about 20 years
I've been dithering over whether to top up my OZL or to buy some PNA.
Think I'll sit pat for the present.
http://www.bloomberg.com/apps/news?p...d=a6EtKUzeuRFc
;)
Go copper go! $282!!!
No stopping this bull resource. Hope everyone is still long on copper resources, cos I am. China cant get enough of it and now the north Americans and Euro is buying.
Copper have ust broken through the $290 resistance barrier, now trading $293. :eek: Wow.. lets see if it can hold and go north tonight with New York opens.
The Chinese are trying to put on the brakes by reducing production, but it is clearly not working, cos the rest of the world have starting buying again.
Copper close $297. WOW! :eek: