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Copper and Silver Supply Crunch: Is the Real Surge Just Beginning?

Source: Finding Finance | Date: January 27, 2026


Key Takeaways

  • Commodities are in early stages of a major bull market, positioned similar to the 1940s rather than peak 1970s cycle
  • Copper is breaking out of a 50-100 year resistance pattern that may only occur once in a lifetime
  • Countries are rotating out of US bonds into commodities (gold, silver, copper, oil) as the dollar weakens
  • The current parabolic moves represent the initial surge of the bull market, not a bubble peak
  • Retail investors are mistakenly selling junior mining stocks just before they typically go vertical

Market Views

  • Oil predicted to reach $100-200/barrel within 12-18 months based on shale industry insider
  • Copper price target of $35+ per pound using fractal analysis from previous bull market
  • Silver fractal analysis suggests potential moves to $200+ (with logarithmic charts showing extreme targets of $3,000-8,000)
  • Bull market timeline expected through mid-to-late 2027
  • Current environment has "hyperinflation vibes" that aren't being widely discussed

Assets Discussed

  • Copper: Major breakout from multi-decade resistance, compared to 1990s-2000s pattern
  • Silver: Early in bull cycle, holding positions rather than rotating to copper
  • Oil: Described as "cheap" with bullish outlook
  • Gold: Part of commodity rotation trade
  • XLE (Energy ETF): Showing weekly breakout confirmation but preferring individual stocks
  • URNM (Uranium Miners ETF): Breaking out in similar pattern to copper
  • TSX Venture (JX): Breaking out of falling wedge, signaling early bull market phase

Notable Quotes

  • "This setup only comes once every, I don't know, maybe 50 to 100 years. You might only have one big setup like this in copper at least for you to take advantage of in your lifetime."
  • "I'm going for 50 Baggers, guys. I'm not going for a Chevron type move."

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