commoditysupercycle

Silver is still my main conviction.
The upside potential there is absolutely insane.
BUT…

in a commodity supercycle, I definitely wouldn’t underestimate copper either.

UBS now warns of a 520,000 MT copper deficit for 2026.
Bloomberg says copper is starting to trade like an AI stock.

And here’s what many people miss:

Roughly 28% of global silver supply comes as a byproduct of copper mining.

So if copper supply tightens, silver supply can tighten even further too. 😏

Meanwhile the world is simultaneously trying to build:

• AI data centers
• power grids
• transformers
• EV infrastructure
• military electronics
• cooling systems
• massive electrification projects

Civilization is becoming more metal-intensive, not less.

Yes:

• physical copper is bulky
• spreads can be higher
• liquidity is lower than gold or silver

Those are fair criticisms.

But confusing “less convenient” with “worthless” is not analysis.

Just for comparison:

The exact same investment copper piece cost me around CZK 998 on June 9, 2025.
Today it costs around CZK 1,780.

That’s roughly a 78% increase in less than a year. 👀
And we’re still talking about a metal many people mock as “useless.”

People laughed at silver for years too.
Right until physical metal started mattering again. ⚡

#Silver #Copper #Commodities #AI #SilverStackers #CopperBull #Metals #Inflation #CommoditySupercycle
$AGT $UB $GRASS