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John Ciampaglia of Sprott Asset Management shares his thoughts on copper, going over supply and demand dynamics, as well as what’s behind the metal’s recent price breakout and how high it could go in 2024.
He also discusses the recent launch of the Sprott Copper Miners ETF.
#Investing #Mining #Copper
0:00 – Intro
0:26 – Is copper the next uranium?
3:41 – Sprott Copper Miners ETF
6:28 – Copper’s recent price move
8:53 – Copper supply tightening
12:18 – Roadblocks for new mines
16:42 – Key copper demand drivers
19:11 – 2024 copper price outlook
21:03 – Copper now waking up
22:56 – Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
