Why Copper is Now More Valuable Than Gold

One of my favorite copper stocks for... [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy Why Copper is Now More Valuable Than Gold Jeff Siegel | May 24, 2024 The best copper stocks in the market right now are the same ones I’ve been talking about for years. [best copper stocks] If you’re a regular reader of these pages, you know I’ve been extremely bullish on copper since mid-2020. Back when the red metal was trading for less than $2.50. Here’s how copper has performed since then... [copper chart] I did get a bit of pushback when I first told investors to start loading up on copper. Mostly as a result of the [rapid growth of the EV market](. You see, EVs require a lot of copper. To put it into perspective, the average vehicle with an internal combustion engine requires between 18 and 49 pounds of copper. An electric car like the Tesla Model S requires about 165 pounds of copper, or about three times as much as an internal combustion vehicle. Also consider larger EVs, like electric buses. Those require more than 800 pounds of copper.  Copper demand as a result of our transition from internal combustion to vehicle electrification is significant. But that’s not the only thing to consider.  Check out this segment of the [IEA’s 2026 forecast report](, which was just released a couple months ago... Strong growth in emerging economies combined with an anticipated recovery in industry and ongoing electrification of the residential and transportation sectors in many parts of the world will be the mainstays of increasing electricity over our outlook. An important new source of higher electricity consumption is coming from energy-intensive data centers, artificial intelligence (AI) and cryptocurrencies, which could double by 2026. The IEA predicts that data centers’ total electricity consumption could reach more than 1,000 terawatt-hours in 2026. To put that into perspective, that’s roughly the equivalent of total energy consumption in Japan. If the IEA’s predictions are sound, and I believe they are, the increased demand for copper should continue well into 2030. Which is why I continue to be quite bullish on copper, and suggest you get some exposure to it now. Oppenheimer’s Big Investment Secret Robert J. Oppenheimer kicked off one of the greatest moneymaking opportunities in history. His Manhattan Project gave birth to an obscure firm that’s set to skyrocket. [TCN Los Alamos Image 22] Wall Street is already in on this story... Bloomberg says, "Hedge funds [expect a] ‘dramatic’ rise." And Business Insider quotes one expert saying, "[This is] the market's best-kept secret [and it] may not be under the radar for long."  For everyday investors, this could be the opportunity of a lifetime. Because companies like this are known for the potential to 10x or even 100x your money. But it’s vital you position yourself before June 27. [Find out how to position yourself today for maximum gains.]( The Best Copper Stocks to Own Now One of my favorite copper stocks for a while now has been Lundin Mining (OTCBB: LUNMF). I’ve actually written about it before, and continue to believe it’s one of the best copper stocks to own. If you’re unfamiliar, Lundin Mining is a diversified Canadian base metals mining company with operations in Chile, Brazil, Portugal, Sweden, and the United States. It mines zinc, lead, silver, gold, nickel, and, of course, copper. This is where Lundin gets the lion’s share of its revenue. In Q1, 2024, Lundin did $937 million in revenues, based on a realized copper price of $3.98 a pound. Worth noting: copper hit a new record high of $5.15 earlier this week, and we anticipate that price could exceed $6.00 by this time next year.  As you can see, Lundin Mining has been absolutely crushing it over the past year..  [lundin] And I expect this to continue. Unlock the "Bitcoin Loophole": Earn 6,865% Returns A unique "Bitcoin Loophole" is outshining Bitcoin by leaps and bounds. With a staggering 6,865% surge in merely 14 months... It performed 11.5 times better than Bitcoin did over the same time frame. This opportunity isn’t about purchasing coins or ETFs; it's accessible through a regular brokerage account. [Learn how you can get started with just $25.]( Of course, Lundin isn’t the only copper stock worth considering. Here are a few other copper stocks you should check out... - Freeport-McMoRan Inc. (NYSE: FCX) - BHP Group (NYSE: BHP) - Ero Copper (NYSE: ERO) - Metals Acquisition Limited (NYSE: MTAL) - Rio Tinto (NYSE: RIO) There’s no doubt that you should absolutely have some exposure to copper right now. The data is clear: there is no chance of a slowdown in global electricity demand. And you can’t have electricity without copper. Nothing is as affordable, conductive and thermal resistant as copper. So this is pretty much a no-brainer. Another no-brainer right now is this new [government stimulus stipends program](. I told you about this a couple of weeks ago after learning that some folks have been using it to earn nearly $8,000 per quarter. While I’ve never been shy to criticize government stimulus programs, I’ve also never been shy to turn away a quick buck. And if the government is willing to hand over $8,000 per quarter, of course I’m going to take it. You should, too. So to help you get some of this action for yourself, I’m including a link to [this report]( that shows you exactly how you can [start claiming thousands of dollars in new government stimulus spending]([today](. To a new way of life and a new generation of wealth... [Jeff Siegel Signature] Jeff Siegel [[follow basic]Check us out on YouTube!]( [[follow basic]@JeffSiegel on Twitter]( Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor's [page](. Want to hear more from Jeff? [Sign up to receive emails directly from him]( ranging from market commentaries to opportunities that he has his eye on. [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. 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