Are you someone who is constantly on the lookout for another great investment to make? If that sounds like you, then the copper ETF is a fund that you really need to think about pursuing. ETFs are always of interest, but copper is perhaps one of the most exciting. If you thought that oil ETFs sounded great, then you’ll definitely want to hear more about investing with copper stocks.
Of all the practical, non-precious metals out there, copper is perhaps the most versatile. You probably have absolutely no idea how much copper you use every day, but chances are that your very own breakfast was made with much assistance from this fascinating metal. From copper bottomed frying pans to the wires in your coffee maker, copper is used in many different household and technological items.
Since it’s used in such large quantities, it’s resources are quickly being depleted, making it all the more potentially profitable as an investment. But at the same time it is constantly being replenished, since roughly the same amount of copper is recycled each year as is being mined. While that might make it seem like the supply is keeping up with the demand, it’s also a good sign that people are willing to innovate in order to be able to keep using copper, rather than turn to other materials to take it’s place. And the truth is that as time goes on, the demand for copper seems to only be increasing, as technology reaches greater and greater heights, and the average consumer has more and more technological items in their homes.
So at this point, the question on your mind is likely to be just how you can go ahead and invest in this metal. You have two options, ETFs that are solely copper, and those that are comprised of copper and other metals. Both option should be considered.