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)

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

Chart courtesy of • • • Click to enlarge ••• 


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