Silver to the moon...Copper next?

[GhostRider25]

you don't do much studying do you?
the surge is obvious, a 30 second search would also tell you why as well.
it's going to explode the next week / first week of the new year.  it'll hit 100 out of ignorance and bot buying / selling, 120 ish from panic, then the whole house of cards will implode.  they'll do what they always do when the ln tribe is fixing to lose a lot of money to us common people, they'll temporarily halt trading, they'l say its to let the market cool down but it's really so they don't lose their ass.... funny how they won't move to save YOU when you are losing your ass..

Aaron

[STT]

Shorts are the banks pretty much and market makers.  If silver is only rising on leverage not actual demand then measures to slow that down is fairly normal but I believe the metal itself is in short supply as its not immediately easy to increase.
  The more interesting question on gold silver and copper is what is driving the need to buy right now and not wait for 6 months from now.  Copper is not risky especially, I don't think the price can decline dramatically as its demand is genuine and supply is lagging a consistent long term demand.

All 3 metals are monetary metals potentially, I think the world wants to invest in genuine value not political debt which is losing value such as in Japan and to a lesser extent many other places.   I'm not interested in price spikes, will it be higher in ten years yes.

Copper - Strong growth; ~2–3%/year to 2035; ~40–70% higher by 2040–2050

[colinistheman]

I'm just wondering what could be the driving force for the surge in silver price because gold have been known for receiving all the attention. Maye the rise in gold may be what is affecting silver just like we have bull season followed by altcoin season in Bitcoin and altcoin respectively. I don't think copper is going to enjoy such momentum because it has little ties to gold.

Over 60% of the demand for silver comes from industrial sectors, and in recent years, industries such as electric vehicles, solar energy, AI, and electronics have been experiencing strong growth. This led to a surge in demand for silver, while the silver mining industry was unable to keep up.
Furthermore, earlier this year, the central banks of Russia and India also added silver to their reserves. And with prolonged political instability, demand for assets like gold and silver will continue to surge. Therefore, it's not surprising that the price of silver has risen, even more sharply than gold.

Copper prices have also risen significantly this year, but are unlikely to catch up with the growth rate of silver due to differing demand dynamics.

[DanWalker]

I think $10 in a year is very ambitious; that's almost a 50% increase. Copper isn't a precious metal like gold and silver, which physically serve retail demand. We'll likely need massive industrial growth to absorb the supply.

Even considering today's tight market, a realistic figure is only $6 for the next year.

Currently, copper is priced at around $6/pound, meaning its price would need to nearly double to reach $10. That goal may seem overly ambitious, but it's not impossible to achieve, considering copper alone has risen 42% this year. If supply remains insufficient and demand continues to rise, the price of copper could very well reach $10 in the near future.

Like silver, do any of us predict and believe it will increase over 170% this year? But that not only happened, it even happened very quickly. It's hard to believe that silver has risen to $80/ounce when at the beginning of the year it was only priced at about $28.

Demand for metals has skyrocketed this year, so it's hard to predict anything.

[arwin100]

Watch out before going long Silver.
The CME raised the margin requirements on Silver Futures.
On Monday, if your margin account does not have sufficient cash to meet the required margin, the position will be closed.
Typically, this move marks a sharp price inversion (decline). We will see if the CME is successful in stopping the rally, effectively protecting the shorts.

You drop a solid point there since margin hikes done by CME usually act maybe as momentum changer, since may weaken the longs on the market.  But it does not always go like that since sometimes, if the demands is really strong the market can handle the pressure and maybe there's a chance that it will continue to climb.

Real challenge is if demands on silver and other things will outweigh those temporary liquidity squeeze. If it happens that people will buy even if they are fear for certain things to happen I think this one will not going stop the ongoing rally.

[God Of Thunder]

With Silver getting all of the attention recently, I'm wondering if Copper would be next? I know Silver is a precious metal, whereas Copper is not. But Copper is widely used for electronics, the same way as Silver. The utility aspect of Copper should make it valuable in the long run. Am I right?

If that's the case, how high do you think copper will go in the future? At least, one year from now. Right now, Copper is valued at $5.84 per pound. It can easily reach $10 per pound.

If that happens, be ready for price hikes in almost all the electronics products, including wiring cables. The price of cables is already going up. I had a shop for what I bought cables in bulk for a fair price last year, and I was amazed seeing the price has increased more than 15% this year. If I take the inflation into consideration, than the percentage would be more than that. Yeah, I do believe that the copper price is going to go up like other metals. But I would expect it to go slow.

[lornadane]

I'm just wondering what could be the driving force for the surge in silver price because gold have been known for receiving all the attention. Maye the rise in gold may be what is affecting silver just like we have bull season followed by altcoin season in Bitcoin and altcoin respectively. I don't think copper is going to enjoy such momentum because it has little ties to gold.

Good point. Silver usually lags gold, then plays catch-up. Gold moves first as a safe haven, then capital rotates into silver bcz it’s cheaper + has higher beta. So yeah, kind of like BTC → alts effect.
Also don’t forget silver’s dual role: store of value and industrial metal (solar, electronics). That adds fuel when demand picks up.
Copper is diff. It’s more tied to economic growth & infra, not monetary hedging. Unless there’s a massive industrial boom, I don’t see copper pumping just bcz gold/silver do.
So IMO: gold leads, silver amplifies, copper follows a diff narrative altogether.

[mrust_mobile]

With Silver getting all of the attention recently, I'm wondering if Copper would be next? I know Silver is a precious metal, whereas Copper is not. But Copper is widely used for electronics, the same way as Silver. The utility aspect of Copper should make it valuable in the long run. Am I right?

If that's the case, how high do you think copper will go in the future? At least, one year from now. Right now, Copper is valued at $5.84 per pound. It can easily reach $10 per pound.

If that happens, be ready for price hikes in almost all the electronics products, including wiring cables. The price of cables is already going up. I had a shop for what I bought cables in bulk for a fair price last year, and I was amazed seeing the price has increased more than 15% this year. If I take the inflation into consideration, than the percentage would be more than that. Yeah, I do believe that the copper price is going to go up like other metals. But I would expect it to go slow.

A friend of mine has been telling the same thing for a while. I wasn’t taking it seriously at first but then i connected the puzzle pieces. It wasn't about cable prices, the root cause was precious metal/commodity prices.

Some people have been warning us about this though. They were saying once gold starts to go up, you won't be getting rich because cost of manufacture will also go up... and we are seeing it in this example. Electronic prices are also going up but this one has other reasons too. (companies want to sell products in bulk to the data centers instead of consumers)

In this picture, holding gold/silver won't make its hodlers rich but they won't be living in scraps either. If you don't hodl any gold/silver or anything related to those commodities (e.g. mining stocks) you will get eaten alive.

[Fiatless]

The reason gold and silver are skyrocketing is the relative scarcity, which is related to mining volumes. Copper is much more common so might see some kind of trend upwards, but it has to be driven more by industrial demand for it rather than retail or government demand which is driving the others. Be careful associating trends to new things without understanding the reasoning behind it or the scarcity of a comparative object. There is a lot more copper around and it definitely has value, in fact is notorious as a target for thefts - how many times have you heard of empty buildings being targeted to be stripped of copper. However it is much more abundant and being mined on much bigger scales than the other two, which are sometimes actually a byproduct of copper extraction.

Exactly.
The demand for silver is high. Silver is highly demanded in the solar, AI, EVs and other industries. Supply seems to be low due to geographical conflicts and the tariff war. Copper might enjoy the same price increase as silver if the demand for it increases or there are obstructions to supply from major suppliers.

[purple_sparkles]

In my opinion, copper is unlikely to stand alongside precious metals such as gold, silver, or platinum, at least not at the present time. However, it can still be considered as one investment option, as it is a reliable asset for preserving value,it is stable and definitely won’t lose its value. Copper is used extensively in industry, energy, and electronics manufacturing, which supports steady demand for it. As technologies continue to develop, the need for copper will only increase, making this metal an attractive investment asset.

[Iranus]

If that happens, be ready for price hikes in almost all the electronics products, including wiring cables. The price of cables is already going up. I had a shop for what I bought cables in bulk for a fair price last year, and I was amazed seeing the price has increased more than 15% this year. If I take the inflation into consideration, than the percentage would be more than that. Yeah, I do believe that the copper price is going to go up like other metals. But I would expect it to go slow.

Not only have cable prices increased, but RAM prices have also skyrocketed, causing a global supply shortage. According to my research, the main reason is that the enormous demand from AI and data centers has consumed the supply, and RAM manufacturers are also prioritizing the production of high-end models, reducing the supply of mid-range RAM. As a result, DRAM prices have increased by more than 200% compared to last year.

Although copper and silver are not the main components of RAM, they do make up a certain portion of it. Indeed, with the rapid increase in metal prices, this will lead to a significant increase in the prices of electronic and technology products.

[judas]

The reason gold and silver are skyrocketing is the relative scarcity, which is related to mining volumes. Copper is much more common so might see some kind of trend upwards, but it has to be driven more by industrial demand for it rather than retail or government demand which is driving the others. Be careful associating trends to new things without understanding the reasoning behind it or the scarcity of a comparative object. There is a lot more copper around and it definitely has value, in fact is notorious as a target for thefts - how many times have you heard of empty buildings being targeted to be stripped of copper. However it is much more abundant and being mined on much bigger scales than the other two, which are sometimes actually a byproduct of copper extraction.

Exactly.
The demand for silver is high. Silver is highly demanded in the solar, AI, EVs and other industries. Supply seems to be low due to geographical conflicts and the tariff war. Copper might enjoy the same price increase as silver if the demand for it increases or there are obstructions to supply from major suppliers.

Silver has experienced a very significant increase. This inevitably brings copper to mind. Both silver and copper are used in almost every sector of industry, and demand is quite strong. They are indispensable metals in sectors such as electricity, electronics, energy, and manufacturing. With such strong demand, a 2x increase seems highly likely. It wouldn't be surprising if copper were to take the lead after silver.

[Hanadawa]

Furthermore, earlier this year, the central banks of Russia and India also added silver to their reserves. And with prolonged political instability, demand for assets like gold and silver will continue to surge. Therefore, it's not surprising that the price of silver has risen, even more sharply than gold.
Copper prices have also risen significantly this year, but are unlikely to catch up with the growth rate of silver due to differing demand dynamics.

Based on data from Google, silver mining output is about 10 times the total gold production, but copper mining output is 1000 times greater than the total silver production.



I believe this difference could create a significant increase. Currently, gold prices continue to break all-time highs, and with various conflicts and several countries implementing gold-based foreign exchange reserve policies, gold prices are certain to rise significantly in the coming years. As for silver, I agree that its price is also rising due to increased industrial demand. If several countries decide to use silver as a foreign exchange reserve, the price of silver will also surge. However, I'm not convinced about the increase in copper prices. With such a large mining volume, I don't think copper will rise significantly. Perhaps the increase in copper prices will be directly proportional to inflation.

[GhostRider25]

by the end of this next week silver will hit 100 an oz and they will halt trading to 'cool the market down' to use their lies and stories when they are taking a blood bath and are trying to cut their losses.   if it were YOU losing now... to the big bankers, oh let it roll on by, so soddy choddy, get out of that house you just lost that i now own.

a certain group of investments are going to make it explode, go educate yourself, do some reading so you understand what's going on here.  the wire has been tripped over the weekend, the striker is swinging towards the gunpowder, and come monday morning, all the automated bot's will destroy what little sanity is left in silver.

if you are planning any moves, better get your orders in now, because the sheer volume is going to about collapse the system....again.. it will clog up with backorders.   remember who was it fakebook or twatter's, i cant remember which ones ipo? how that killed the nasdaq for a day... same principle.

aaron

[Cheema02]

With Silver getting all of the attention recently, I'm wondering if Copper would be next? I know Silver is a precious metal, whereas Copper is not. But Copper is widely used for electronics, the same way as Silver. The utility aspect of Copper should make it valuable in the long run. Am I right?

If that's the case, how high do you think copper will go in the future? At least, one year from now. Right now, Copper is valued at $5.84 per pound. It can easily reach $10 per pound.

Thoughts?

Yes, Your areright. As we know copper is very demanding metal in the electronics  field and not a precious metal like silver but it may be valuable in the long term. Mostly cooper used in eclectic vehicles, power grids and in many other motor winding firms so globally there are a lot of chances to raise the demand in future. Unlike silver, cooper prices are very sensitive in the global market and especially for the side of China. Only in one year it reaches at $10 per pound which shows there is major demand for Cooper. At the end the conclusion is that cooper has short term price moves with the long term fundamentals.

[stompix]

If that happens, be ready for price hikes in almost all the electronics products, including wiring cables. The price of cables is already going up. I had a shop for what I bought cables in bulk for a fair price last year, and I was amazed seeing the price has increased more than 15% this year. If I take the inflation into consideration, than the percentage would be more than that. Yeah, I do believe that the copper price is going to go up like other metals. But I would expect it to go slow.

Although copper and silver are not the main components of RAM, they do make up a certain portion of it.

Lols....
There are about 0.1 grams, that's 1/10 of a gram of silver in a 64 module and about 5 grams of copper!
This means with an ounce of silver, even at $1000, so 12x from now you can make 300 modules and it will cost just $3 more!
As for copper, if we put 10% of the copper production towards RAM we could get 400 billion of it, so each person alive would get a 4tb of it!

It costs more to pay the delivery guy to get those to your door than the materials in it!

All precious metals fans forget how much stuff we can actually mine if the price goes up and how packed with metals this dirt globe is!

[leonair]

With Silver getting all of the attention recently, I'm wondering if Copper would be next? I know Silver is a precious metal, whereas Copper is not. But Copper is widely used for electronics, the same way as Silver. The utility aspect of Copper should make it valuable in the long run. Am I right?

If that's the case, how high do you think copper will go in the future? At least, one year from now. Right now, Copper is valued at $5.84 per pound. It can easily reach $10 per pound.

Thoughts?

Along with the increase in the price of gold, the price of silver has also increased a lot and it is going beyond the reach of the common man due to which when people gradually lose the ability to buy them, then they will start investing in Copper and when the demand for Copper increases in the market, its price will automatically increase. The way the price of gold and silver has been increasing for the past two years, it has never been able to create such a record before. The price of gold and silver is increasing every day, it was unexpected.

[Woodie]

These rich folks can hype anything they feel deserves the nudge but let's not fall into their manipulation 

But on Copper I think with Electric Vehicles becoming the talk of town world over, it just makes sense that the price is bumped up and of course the war is another contributing factor as this is one component that is used in the manufacture of bullets and all.. otherwise both look like viable investments.

[STT]

The real problem is not the percentage content of silver or gold in electronics but the design requires its presence and stockpiles of silver possibly other metals are reduced by buyers taking it off market.  Production will stop if manufacturers cannot source the elements required in their products.
  Hence why China is to ban any export of silver from the start of the month apparently.   The bigger problem is companies didn't learn from 2020 era, JIT or just in time production and not storing your required elements is still common practise.
  Countries very often store oil in strategic reserves but they should store the whole commodity index in various amounts imo.

[mindrust]

The real problem is not the percentage content of silver or gold in electronics but the design requires its presence and stockpiles of silver possibly other metals are reduced by buyers taking it off market.  Production will stop if manufacturers cannot source the elements required in their products.
  Hence why China is to ban any export of silver from the start of the month apparently.   The bigger problem is companies didn't learn from 2020 era, JIT or just in time production and not storing your required elements is still common practise.
  Countries very often store oil in strategic reserves but they should store the whole commodity index in various amounts imo.

That’s true. Governments and companies think they will be importing metals freely forever from their suppliers&business partners but conditions change. What happens when those big electronic companies can’t locate any silver/gold/copper? Then they can’t produce any products. They’ll go bankrupt.

The solution is simple. Either own mining companies, (Domestic or foreign it doesn’t matter as long as you can use their products yourself in your own products) or at least own a part of them in the stock market so you can benefit from the dividends and price hikes.