Copper’s About to Go Full Silver? A Trader’s Tale of Metal Mayhem!

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If you’ve ever wondered what happens when copper decides to cosplay as silver, wonder no longer. Pseudonymous trader Bluntz-whose 338,000 followers on X clearly have better things to do-claims copper’s chart is basically a copy-paste of silver’s “surprise” breakout. Spoiler: It involves a lot of waiting and questionable life choices.

Copper’s Three-Year Nap Might End Soon (Or Don’t Hold Your Breath)

Bluntz, ever the optimist, insists copper’s been grinding upward in an ascending channel so long it’s practically developed bedsores. His chart-shared with the kind of urgency usually reserved for fire drills-shows a metal “coiling like a spring” (or a snake, depending on your vibe) ahead of a potential explosion. The theory? Price has been poking the upper boundary of this channel so many times it’s basically texting the resistance, “Hey, are we still doing this?”

“This channel eventually breaks out,” Bluntz declares, “but we don’t know exactly when. I’d say 4-6 months, but I’ve also been known to misjudge geological timeframes.” He adds, with the confidence of someone who’s definitely never wrong about anything: “When it does break, it’ll double faster than your grandma’s Facebook group turns political.”

The timing, of course, is as clear as a mud puddle. But Bluntz’s advice is simple: “Be early. Like, awkwardly early. Show up to the party before the host even puts out the chips. Because once this thing blows, you won’t get a second chance-unless you enjoy FOMO so intense it manifests as a physical rash.”

The “Supercycle” Fairy Tale (Or Why Copper Might Actually Matter)

Billionaire Frank Giustra-who, to be fair, has more money than most people’s retirement plans-recently declared copper the star of an electrification-driven “supercycle.” His logic? Between EVs, data centers, and the sudden global urge to power everything with solar panels, we’re going to need a lot more copper. Like, six-new-mines-every-year-until-2050 levels of “a lot.”

“The world’s about to walk off a copper cliff,” Giustra warns, probably while sipping espresso in a helicopter. “Except it’s not a cliff-it’s a black hole. And we’re throwing shovels at it.”

Meanwhile, copper itself is just sitting there like a teenager ignoring their parents. At $5.83, it’s barely outperformed its 2011 high by 25%-a feat roughly as impressive as a sloth winning a staring contest.

FAQ (Because Someone Might Actually Care)

  • Why’s everyone suddenly giving copper the side-eye? Because traders love a good déjà vu chart pattern. If you squint, its “ascending channel” looks like silver’s pre-breakout dance. Cue the confetti cannons… eventually.
  • What’s Bluntz yapping about now? A three-year “slow grind” channel that’s testing resistance like it’s trying to find a weak spot in a fortress wall. Spoiler: Walls fall. Sometimes.
  • When’s the big copper fireworks show? Bluntz says 4-6 months, but also admits timing is “uncertain.” Which is finance code for “I have a spreadsheet, but it’s mostly wishful thinking.”
  • Why should we care about copper’s midlife crisis? Because EVs, grids, and data centers need so much of it that even Scrooge McDuck would blush. Supply? Not keeping up. Surprise!

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2026-02-21 09:57