When comes to the metals these days, those that fall into the “precious” camp are getting all the attention. Investors have flocked to gold, silver and even pallidum as volatility has taken hold of the market. And there’s nothing wrong with that. But what they may want to do is take a look at another red-hot metal.
We’re talking about copper.
After getting hit during last year’s market swoon, copper is setting itself up for a nice rebound. Several bullish tailwinds are set to propel prices for metal higher in the upcoming year or so. And yet, the metal seems like a bargain when compared to its precious sisters. For investors, taking copper ETFs for a spin makes a ton of sense.
