Copper

Here's an updated analysis of physical gold, silver, platinum and copper regarding their respective versatility of use, durability, fungibility, store of value, liquidity and aesthetics.

The development of civilization has relied heavily on the discovery of metals. Prehistoric man used metals to build tools and weapons and as our knowledge of metallurgy has developed, metals have played an essential role in the advancement of agriculture, transport and arts & crafts - forging the path to today's modern society. This infographic presents that timeline.

By the end of this year inflation expectations will be significantly higher and industrial metals such as copper and platinum will be significantly more expensive relative to gold. Here's why.

The entire commodity complex has now embarked on the next cyclical bear market within the context of its long term secular bear. Once the next recession arrives this trend should accelerate. The decline we have seen so far is just the beginning of this trend.

Every year, humans gobble up around 28 million tonnes of the metal in uses mainly related to its electrical properties – and as we transition to a green energy paradigm, copper will be an even more vital ingredient to human progress than it is today.

Every year, a vast amount of copper is used by the global economy to manufacture a wide variety of goods. It’s a major ingredient in big-ticket consumer goods like autos, appliances, electronics, and new homes. Simultaneously, copper is also gobbled up for many industrial uses including telecommunications, utilities, construction, and industrial machinery. Today’s infographic comes to us from Kutcho Copper, and it shows the red metal’s important role in the economy, as well as why it has become a famous economic bellwether.

Today, we have identified those Canadian copper stocks that are trading below an Enterprise Value to Sales multiple of 3.5x, which is the current peer average for junior copper miners.

A 20-month high in the copper price, amid supply concerns and growing demand from increased infrastructure spending by governments. Today, we have identified five junior mining stocks that would benefit most from a further rise in the copper price.

The gold-to-copper ratio, a key indicator of global economic health, is indicating that global economic health is improving which will apply further pressure to gold over the short term.

The Economist Intelligence Unit has produced its first global forecast since the Brexit vote. Please find below their forecasts for commodities until 2020.