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John Ciampaglia: Copper Emerging from Slumber, is it the Next Uranium?

John Ciampaglia, CEO of Sprott Asset Management, shares his thoughts on copper, going over supply and demand dynamics, as well as what’s behind the metal’s recent price breakout and how high it could go in 2024.

He also discusses the recent launch of the Sprott Copper Miners ETF (NASDAQ:COPP).

‘We’ve obviously been super bullish about uranium for the last three years, and copper is the next metal that we think is a little bit further behind on the curve, but is very quickly coming into focus for investors,’ Ciampaglia said.

Watch the interview above for more of his thoughts on the red metal’s positive outlook.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com
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