Copper boom: how clean energy is driving a commodities supercycle

Financial Times/Neil Hume and Henry Sanderson/6-7-2021

“The coming together of such demand and potential supply shortages has many people on Wall Street, and in the City of London, hailing the arrival of a commodities supercycle and asking if copper is set to become the new oil, a strategically important raw material.”

USAGOLD note:  Copper seems to have garnered its fair share of attention in the fully empowered green technology revolution, but silver – another major beneficiary – is rarely mentioned, even though it has outperformed copper over the past 12 months.

Silver and Copper Prices
(in percent, one year)
Silver/Grey–Copper/Orange

overlay chart showing the performances of silver and copper over the past twelve months in percent, silver outperforms

Chart courtesy of TradingView.com • • • Click to enlarge ••• 

 

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