COPX - COPX: An ETF For Investors Who Believe Copper Demand Is Insatiable
- The demand for copper is booming and is being driven by the renewable energy, EV, and construction sectors.
- Meantime, copper supply last year took a hit due to mine closures as a result of the global pandemic. Investments in future production were also delayed.
- So far, copper is up ~70% from the recent low. For investors who feel it has much farther to go, a diversified ETF may be their best option.
- Many copper miners also produce gold. With expectations for higher inflation on the horizon, that is a nice kicker to have as a "byproduct".
For further details see:
COPX: An ETF For Investors Who Believe Copper Demand Is Insatiable