"Eternal Metal" Could Spike 100x

This metal just hit an all-time high of $4.90 a pound last month, and analyst Jimmy Mengel believes it will continue to run higher this year and beyond. This metal just hit an all-time high of $4.90 a pound last month, and analyst Jimmy Mengel believes it will continue to run higher this year and beyond. [Outsider Club logo] "Eternal Metal" Could Spike 100x [Jimmy Mengel Photo] By [Jimmy Mengel]( Written June 07, 2022 Dear Outsider, I recently took a leisurely walk through the Green Mount Cemetery in Baltimore, a few blocks from my office. It's a sprawling graveyard filled with some of Baltimore’s most famous — and infamous — residents. It was established in 1839 and is one of America’s first “rural” cemeteries. As I strolled around the headstones, I noticed quite a few that stood out. But the single most interesting one was a small, unmarked grave. Once I saw the sun shimmering on the dozens of pennies that covered it, I knew I had found the right place… [booth grave] It was the grave of John Wilkes Booth, presidential assassin and one of America’s most notorious criminals. Every day visitors stack pennies, heads up, on his grave. It is said to help “lock the assassin in the ground.” That’s giving the humble penny quite a lot of credit, but to be fair, I haven’t seen Booth stalking the streets of Baltimore lately. Of course, pennies used to be made of copper, known in some circles as the "Eternal Metal." But since 1982, they’ve been minted from 97.5% zinc with a pure copper coating that takes up the other 2.5%. Copper is simply too expensive to justify a $0.01 piece. --------------------------------------------------------------- New Investing App Tells You When to Buy and Sell [This incredible new app may have just solved investors' number one problem.]( You see, most people are terrible at buying and selling stocks at the right time. But the TradeSmith app takes the emotion out of investing. It's quant software alerts you to the mathematically correct time to buy and sell for maximum profits. Our back test shows, the average investor would've made $97,347 more just by using the TradeSmith app. Within minutes of downloading the app, you can run your investments through our analyzer software. [For a FREE demonstration, check out this brief video.]( --------------------------------------------------------------- It’s a damn good thing they stopped when they did, because copper prices have exploded since then and are now riding all-time highs. In 1982, copper dipped to $0.60 a pound. It just hit an all-time high of $4.90 a pound last month, and I believe it will continue to run higher this year and beyond. Just last Thursday, copper prices jumped 5.2%. There are some good reasons for this… For one, China has finally ended its two-month COVID lockdown, which means the supply of copper for industrial purposes will start ramping back up. China is the world’s largest consumer of refined copper, accounting for 54% of the total global copper consumption volume. Factories are back online for industries like electric vehicles, which require tremendous amounts of copper. According to Copper.org, hybrid electric vehicles contain approximately 85 pounds, plug-in hybrid electric vehicles use 132 pounds, and battery electric vehicles contain 183 pounds — per vehicle. That’s a massive boon for the demand side of things. But copper supply has taken a huge hit at the same time. Chile supplies a quarter of the world’s copper and has just announced that its copper production in April slid 10% year over year. In Peru, the world’s No. 2 copper producer, the industry is on fire — literally. After violent environmental protests broke out recently, it left MMG Ltd.’s Las Bambas copper mine and Southern Copper Corp.’s Los Chancas project in flames. Las Bambas is one of the world’s largest copper mines, and the protests have led MMG to halt operations since April 20. The unrest has already led Southern Copper to suspend operations for over 50 days, and this recent attack will only hinder plans to reopen. --------------------------------------------------------------- Endless Power From a Device Thinner Than a Business Card It can turn every home, skyscraper, and stadium into its own “power plant” — capable of generating its own endless clean electricity 24/7... No storage batteries, generators, or ugly solar panels required. Not even the power grid is needed! This new device is about to create a seismic shift in the global energy industry. [Check out my research on this disruptive little firm.]( --------------------------------------------------------------- If that weren’t enough, Russia’s war against Ukraine continues to disrupt supply chains. There are a few easy ways to play this supply/demand disturbance that should continue for the rest of the year: You can invest in the miners that produce it from the depths of the Earth, or you can bet on the actual price of the metal going forward. BHP Group Limited (NYSE: BHP) is the largest publicly traded copper producer in the world, with 1.72 million tonnes produced in 2020. The Australian miner also sports an impressive 10.38% dividend yield, a 52-week range of $51.88–$80.50, and an average daily trading volume of 4,178,244 shares. U.S. miner Freeport-McMoRan (NYSE: FCX) produced 1.45 million tonnes the same year. FCX has a modest 1.44% dividend yield, a 52-week range of $30.02–$51.99, and an average daily trading volume of 18,003,395 shares. If you don’t want to bet on one horse, you can bet on the The Global X Copper Miners ETF (COPX), which holds both of those companies in addition to 37 other copper stocks. COPX offers a 2.24% yield, a 52-week range of $32.88–$47.23, and an average daily trading volume of 797,693 shares. The other way of investing in copper is on futures contracts that bet on the price of copper going up. It typically doesn’t see as high returns — or dividends — as the above mining stocks do, but it is a pure play on the price of copper. The United States Copper Index Fund (CPER) is an ETF that tracks the daily changes of the SummerHaven Copper Index Total Return. Like I mentioned, it’s not as lucrative (as you can tell by the small spread in the 52-week range of $24.51–$30.12), but if you’re bullish on short-term copper prices, it’s a nice tool in your belt. It's not meant as a long-term holding. Speaking of short versus long term, copper is a cyclical commodity. While 2022 should continue to be a great year based on the current circumstances, the supply/demand situation should balance next year. RBC Capital analysts are expecting that exact scenario and have predicted prices falling to $3.75 a pound in 2023. However, long-term prospects look very, very shiny. Goldman Sachs metals strategist Nicholas Snowdon released a report predicting a rise from $9,300 a tonne to $15,000 a tonne. But he didn’t stop there… --------------------------------------------------------------- New Robot Has Tech Execs Scrambling You might not believe this is even real, but I assure you this video has been left unedited. Nearly every tech company in the world is scrambling to get its hands on this tech. And investors are set to profit handsomely. Get the details on [our Top 3 Stocks Picks here.]( --------------------------------------------------------------- Snowdon went on to foresee copper reaching $50,000–$100,000 a tonne! He bases that incredible prediction on the fact that while there are only 1.5 million tonnes of copper used today in EVs, charging infrastructure, and the entire renewable energy sector, by the end of the decade, that could be closer to 7 million tonnes. When we look at the outlook for the copper market over the course of the next three, five, 10 years, what we see are essentially impossibly large deficits developing over that time frame. By the middle of this decade, we’re forecasting the largest ever deficit in the copper market. This market has such severe imbalances that they’re not resolvable at current price levels. That’s the crux of the issue in the copper market. It’s just an impossibly tight future. At today’s price, there’s no fundamental adjustment underway that that can meaningfully solve what lies ahead. While that seems like a wildly bullish picture, the fact remains that we’re going to need more copper in the years ahead, and you should certainly hold some in your portfolio. But speaking of materials that are crucial to electric vehicles, there is one rare resource that every car company in the world will need to survive — and it’s NOT copper. It's not even lithium, platinum, cobalt, or nickel. In fact, you've probably never heard of it before. However, it is absolutely critical to the entire industry going forward. Elon Musk himself said, "It’s the way all electric cars in the future will be made." My colleague Luke Burgess [just discovered a $1]( company that just secured 100% of the rights to mine the largest reserve of this resource right here in the Western Hemisphere. The possibilities will be endless once this new battery becomes the industry standard. [Here's everything you need to know.]( Godspeed, [Jimmy Mengel] Jimmy Mengel [follow basic]( [@mengeled on Twitter]( Jimmy is a managing editor for [Outsider Club]( and the investment director of several personal finance advisories, [The Crow's Nest,](and [The Adventure Capitalist]( For more on Jimmy, check out his editor's [page](. *Follow Outsider Club on [Facebook]( and [Twitter](. --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. If you're not sure why you've received this e-letter, or no longer wish to receive it, you may [unsubscribe here]( and view our privacy policy and information on how to manage your subscription. To ensure that you receive future issues of Outsider Club, please add customerservice@outsiderclub.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. 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