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."
Related Charts
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