GC: Orbis delayed, by a couple of weeks, my last call of a high of 24.5c by early March.
Now the market has settled I see a drop to about 21.5 by mid April (18 April) before the next upwave commences.
There is no rationale for such a move but a combination of the fundamentals combined with a dash of maths, human emotions, historical patterns and natural cycles all point to such an outcome.
HT: Your posts are absolutely brilliant and so well researched and reasoned. I assume you have a PhD to your name? Keep up the great work!
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