More room for copper

 S&P Market Intelligence predicts the demand for copper will double between 2022 and 2035.

Moreover, supply isn’t catching up with this soaring demand. How do we know it?

If you look at copper inventories at exchanges like COMEX, you’ll see they are running at multi-year lows.

COMEX copper inventories have dropped from their 2018 peak of 253,000 lbs to 22,332 lbs.

That’s a 91% drop. These inventories are almost wiped out.

This is a massive catalyst for the copper price.

But there’s something else this setup is telling me.

Copper Leads the Real Estate Cycle

In my book The Secret Life of Real Estate and Banking, I said: