Since the earliest civilizations, copper has had a central role in daily life.
It was used in currency coins as well as cookware and brassware like locks and keys. Then, as society and technology evolved, the need for copper grew exponentially.
Today, copper is a ubiquitous part of our electrical grid system, and it's essential to transportation for motors, wiring, radiators, and brakes.
In fact, after iron and aluminum, copper is the most used metal worldwide.
Now, with technology progressing at a breakneck pace, we've come to increasingly rely on this irreplaceable metal.
Demand for copper is set to grow steadily higher for years to come, but the supply side faces major headwinds.
And that has created the perfect setup as the natural resources complex enters a new bull phase. Let's take a look…
About the Author
Peter Krauth is the Resource Specialist for Money Map Press and has contributed some of the most popular and highly regarded investing articles on Money Morning. Peter is headquartered in resource-rich Canada, but he travels around the world to dig up the very best profit opportunity, whether it's in gold, silver, oil, coal, or even potash.