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Patrick Manning on Bullish on Copper
Patrick Manning
Bullish on Copper
Claims and stances
0:00
Patrick Manning strongly supports: Copper is a highly attractive investment opportunity at its current price point.
0:41
Patrick Manning strongly supports: The rapid growth of AI usage creates a massive, sustained increase in energy demand because each interaction requires a significant amount of power.
Transcript
0:00
Yeah, I agree with you.
0:01
I would I'm also a little bullish on copper.
0:03
Um I find it interesting now that gold is at all-time highs.
0:08
Um as US currency is not necessarily the most stable it's ever been.
0:14
Uh many investors go into European currency um to provide a little bit more stability um in this economic uncertainty.
0:23
But uh it makes sense why copper would be a good investment.
0:29
Um not sure why no one else is really talking about this.
0:34
Um another um sector that I'm pretty bullish on is the energy sector.
0:41
With uh regards to AI, um each each um thing you type into an AI source is equivalent to the power used for charging an iPhone from dead to full, which obviously takes a lot of energy and with people being on there chatting hundreds of times a day, it's just increases the need for um energy and um I think that's another sector to be bullish on with with regards to AI.