Buy COPPER by Apr 25, 2026.

Gold and silver are crowded debasement trades. Prices are extreme and positioning is heavy, making forward returns fragile. Copper hasn’t repriced to the same degree. It’s under-owned relative to its importance and increasingly looks like a value metal within hard assets. Copper is the backbone of reindustrialization. AI data centers, power grids, defense, EVs, electrification, and energy infrastructure all require large and rising amounts of copper. Nearly every credible growth or tech narrative implicitly assumes more copper consumption. Supply is …