Anthony Pompliano

I don't think people are buying copper because they think it's a store of value.

I think it's all industrial demand.

And then platinum, very similar thing.

Now, the thing that's interesting about platinum and the reason why it's up 200% in the last year is that there is very, very low supply.

And so you have a market structure that is in favor of platinum holders.

And then you've got that increasing demand.

It's a lot about what used to be the driving story behind Bitcoin is that there was this finite supply, huge demand, and that led to a big price appreciation.

And so when you're looking at gold, silver, copper, and platinum, these things are all being driven by different inputs.

There is demand that is increasing.

You have low supply in some cases.

In other cases, you just have so much demand that is overwhelming the current supply and that is driving the price higher.

Now, what I find most interesting about this is there has been this rotation.

Will Clemente pointed this out.

I thought he was really on track with this idea that gold kind of ran first.

And then people started to push into silver and now copper and platinum.

And so you've had this kind of rotation through the metals.

I like to call it the metals mania because this thing is not stopping and doesn't seem like it's going to stop anytime soon.

We're not going to stop building EVs.

We're not going to stop putting in electrical infrastructure.

We're not going to stop with renewables.