I think it is a great and smart idea, challenges lie ahead concerninc storage and early dump
$XAU
grandaPump
·
--
🚨 I bought Bitcoin in 2015. Now, my focus is shifting to copper. I've acquired over 3 tonnes in two months, even arranging dedicated storage for it. Here's my rationale for this long-term investment: 1️⃣ **AI Power Demand**: AI data centers consume vast amounts of electricity. This necessitates extensive wiring, advanced cooling systems, and significant grid upgrades, all heavily reliant on copper. 2️⃣ **Green Energy Transition**: Electric vehicles require approximately three times more copper than conventional cars. Wind and solar energy infrastructure also demand substantial copper supplies as the world rapidly electrifies. 3️⃣ **Supply Constraints**: New large-scale copper mines are scarce, with development times spanning 15-20 years. Supply growth cannot meet projected demand, potentially leading to a significant shortage by 2040, according to experts. This outlook drives my strategy to acquire physical copper directly, rather than investing in mining stocks. In an environment of increasing monetary expansion, tangible physical assets like copper hold significant value. I view copper as a long-term strategic hold, targeting beyond 2030. $XAU $XAG XAGUSDT XAUUSDT
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.