In 2013, I bought Bitcoin because I saw a mathematical scarcity the world wasn't pricing in. Today, Iâm seeing that same "supply cliff" elsewhereâbut this time, itâs not made of code. Itâs made of Copper.
Over the last 60 days, I have moved into 3+ tonnes of physical copper. Iâve even rented dedicated storage for it. This isn't a "swing trade"âit is a generational positioning for the AI and Energy revolution.
⥠The AI Energy Shock
The world is focused on AI software, but they are ignoring the hardware bottleneck.
Data Centers: AI chips are power-hungry monsters. By 2040, global data center capacity is projected to grow 10x.
The Grid: You cannot run a 2040 economy on a 1970s grid. Rebuilding the worldâs electricity infrastructure requires massive amounts of copper for transformers, wiring, and high-density liquid cooling.
đ The "Bitcoin" Supply Dynamics
The math for copper is becoming as certain as a halving event:
The Lead Time: It takes 17â20 years to bring a new copper mine online. Even if we found a massive deposit today, it wouldnât hit the market until the 2040s.
Declining Grades: We are digging deeper for less metal. The "easy" copper is gone.
The Deficit: Analysts forecast a multi-million-ton annual deficit by 2030. You can print more fiat, but you cannot "print" more copper.
đïž Physical Scarcity > Financial Abstractions
Iâm skipping mining stocks. Equities are just paper layered with political risk and management games. I want the commodity itself.
In a world of unlimited digital printing and AI-generated content, constrained matter is the ultimate store of value. When the squeeze hits, manufacturers won't care about the priceâthey will pay anything to keep their factories from shutting down.
The gift is the current price. The panic comes when the inventories hit zero.
Iâll see you in 2030. đ„
