So the natural question is: when is it Copper’s turn?
This is the part of the cycle I’ve been waiting for.
Because if you study how the metals usually move, the script is pretty consistent:
Gold goes first. Silver follows. Then copper shows up late… but when it does, it moves.
And here’s the interesting part:
Copper is sitting today exactly where gold was last year — coiling, basing right at the upper bounds of a monster base, and building pressure for what could become a powerful breakout.
In other words, copper is quietly setting up the kind of catch-up trade that can be explosive once it finally triggers.
That’s why I’ve already started putting some skin in the game. A couple of weeks ago, we picked up $FCX calls, sold half after they doubled, and are letting the rest ride.
If copper really does join the party, this won’t be a subtle move.
