Some more good results will move this very quickly as it seems...

Some more good results will move this very quickly as it seems were about to have a copper shortage

Copper is king

Of course, none of this comes as a surprise to our commodity expert, James Cooper.

He has been pointing the finger at Europe’s mining problems for a while now. As he put it himself back in mid-April:

‘Extracting resources from the ground is a dirty business in Europe.

‘For Europeans and their politicians, it’s very much…“not in my backyard thanks!”.

‘Political leaders have shunned new projects thanks to the industry’s poor public perception and often damaging effects on the landscape.

‘Instead, Europe has preferred to source the raw materials from out of sight places like Africa, Asia, or South America.’

That strategy now appears to be blowing up in their face. As both James and the EU policymakers are beginning to realise.

Here’s the thing though, this problem isn’t just limited to Europe…

A copper shortage would hit almost every major economy…and hard. Because as anyone familiar with the metal can tell you, it’s incredibly vital for a lot of modern industrialisation. Its conductive properties alone make it an imperative resource for many sectors.

The problem is, we’re all at risk of this copper shortage.

As James has been telling any investor who will listen, the world has just four days of this vital metal stockpiled at any given time. With demand rising and supply failing to catch up, it has all the makings of a classic commodity price explosion.