Gerardo Del Real,
Editor
July 9, 2025
Nothing happens… and then it happens all at once.
Yesterday, President Trump casually announced he would be imposing 50% tariffs on all copper coming into America. The market responded by sending copper futures to new all-time highs.
Not sure that's the best way to get inflation down because we need copper for everything… but what do I know?
What I do know is this: Copper was headed higher regardless of tariffs.
This didn’t happen all at once. It's been brewing. The combination of underinvestment in the exploration sector, discoveries becoming harder and harder to find, irresponsible investment in the M&A space, and surging demand from, well, just about everything has led to one of the most robust supply/demand set ups in the space.
I would say anywhere but uranium has similar supply/demand fundamentals for many of the same reasons. But I digress.
Back to copper. These new highs are the beginning of years of new highs.
The producers with responsible balance sheets will do well. The developers that can capture the sweet spot of the profit cycle will also do well. M&A will see record premiums paid for deposits that have resources of significance and are in solid jurisdictions.
The explorers will move last but will move the most. My sandbox.
Nick Hodge and I have spent the last few months working on bringing subscribers of Private Placement Intel a deal that checks a lot of boxes. In elephant country, top-tier jurisdiction, partner funded copper-gold exploration, 100%-owned projects, and a mandate to make giant discoveries while mitigating dilution.
So much so that the likes of Rick Rule and Jeff Phillips decided to be the lead orders on the financing. Heck, they like it so much they decided to lock up their shares for 12 months to avoid the 4 month and a day selloff that often comes with financing of junior exploration companies.
That deal will likely be open for another week. If you are an accredited investor and a subscriber of Private Placement Intel, I encourage you to take a look at this very attractive offering.
It’s going to be a very fun couple of years in the exploration space. I plan on taking full advantage of it.
Let’s get it!
Gerardo Del Real
Editor, Daily Profit Cycle