Copper Just Collapsed. Time to Get Long

It’s been a rough couple of months for copper.

Just look at this chart. As you can see, copper has tanked 28% since June 2.

If you’ve read about “Dr. Copper” lately, it’s likely because analysts use copper prices to predict the health of the broader economy. Falling copper prices, like we’ve seen recently, point to an economic slowdown. But I’m interested in copper for a different reason…

  • Copper prices are going to start rising soon. So, it’s time to get long copper.

Copper is the best conductor of electricity in the world. It’s essential to modern life. We use it in construction, appliances, consumer electronics, and transportation systems, among other end markets.