Silver vs Copper -Head to Head Battle

In the first article Can Copper Be The New Gold ? , we determined that each respective metal is in a category of their own, but we give 3 reasons why copper should be on the investing radar (1. Historic Data, 2. Technological Revolution, 3. Copper is Finite).

In the second article, Copper Vs. Gold -Head to Head Battle we actually compared the numbers, through a 50 year span from 1970 to 2020 with respect to the average closing prices. Gold came with a whopping +4832.51% percentage increase with a starting price of $35.96 in 1970 and an ending price of $1,773.73 in 2020 (per ounce). When compared to copper which came in with a +351.61% percentage increase with a starting price of $0.62 in 1970 and an ending price of $2.80 in 2020 (per pound).

In this segment, we are comparing copper and silver in the span of 50 years, from 1970 to 2020 with the respect to the average closing price. The chart down below is with the average closing prices derived from Macrotrend.

-Silver Won-

Silver won by 3.04x greater percentage increase when compared to copper, if it hasn't been mentioned before it is important to highlight that silver is valued per ounce and copper is valued per pound.

In this case, silver won, but as mentioned before, copper will be an essential component for a lot of the futuristic electrical hardware, transportation equipment, consumer products, machinery, and construction material.

But lets remember we are long-term bullish on copper and green energy might be the driving force to push copper prices higher. Like always more research is to be done.

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