The investor who bought $BTC back in 2013 has acquired about three tons of physical copper over the last two months. He believes that by 2040 the world will face a severe shortage of this metal due to the growth of AI, data centers, electric vehicles, and green energy, $ACH which require significantly more copper than traditional technologies. Moreover, launching new mines takes an average of 17–20 years, which does not allow for a quick increase in supply.
According to him, he consciously chose physical metal $FRAX rather than shares of mining companies, considering them overvalued. He views copper as a long-term capital protection and a future strategic asset, which in conditions of shortage may acquire the status of not only an industrial but also a monetary resource.
According to him, he consciously chose physical metal $FRAX rather than shares of mining companies, considering them overvalued. He views copper as a long-term capital protection and a future strategic asset, which in conditions of shortage may acquire the status of not only an industrial but also a monetary resource.