who knows how the back half of the year will go but this trade is definitely working rn...
The All-In Podcast (@theallinpod)
Copper is ripping. Chamath told you it would.
From All-In’s 2026 Prediction Show (Published Jan. 9th):
“I will pick copper (as the biggest business winner of 2026).
We are still completely underestimating how short we are, in terms of the global demand supply dynamics of a handful of critical elements that we need, again, in the Trump Doctrine view of the world, that is no longer as multilateral as it was, and we need to have unilateral national security.
And if you look through that lens, the asset that is set up to go absolutely parabolic is copper.
And the reason is that it is, at least as it stands today, the most useful, cheap, amenable, conductive material that we have. That material manifests in everything from our datacenters, to our chips, to our weapons systems, it's just everywhere.
And right now, we are on a path, by 2040, where we will be short about 70% of the global supply at current course and speed. So I will pick copper.”
Video
— https://nitter.net/theallinpod/status/2054255671802044884#m