is copper the new gold?

Copper might be the new gold. How to partake in this commodity on a new supercycle

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While much attention has been focused on precious metals such as Gold and Silver, it is copper that could see a strong rally in its price in the coming years.

This is a commodity that has strong industrial usage and the proliferation of EV and infrastructural projects will see its demand sky-rocket in the coming decade.

The copper share price will likely be further boosted by positive demand/supply dynamics where Goldman Sachs forecasts a substantial deficit in supply from 2024 onwards.

How should one play the rise in copper prices ahead?

2:00 mins Is the current play on copper a “head fake” or are we at the cusp of a new Super-cycle?

5:45 mins Going forward, what are key demand drivers for copper?

6:50 mins EV’s influence on the demand for copper

8 mins Renewable energy targets by 2030 could launch copper’s next Super-cycle

11:30 mins Meanwhile, supply is insufficient to meet copper’s growing demand needs

14:15 mins Demand from the Green Sector could make copper the “new gold”!

16 mins Why have miners failed to recycle profits back into capex for more copper

20:50 mins Best listed miners to play the copper move

22:45 mins Key ETFs geared on the copper play

28:50 mins Summary and conclusion

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Disclosure: The accuracy of the material found in this video cannot be guaranteed. Past performance is not an assurance of future results. This video is not to be construed as a recommendation to Buy or Sell any shares or derivative products and is solely for reference only. Please do your own due diligence and assess the suitability of the recommended financial/investment product against your own risk profile.

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