Where did all the trolls come from ?? Blugumnutty whoa. Too many...

Where did all the trolls come from ?? Blugumnutty whoa. Too many yellow topped mushies!

Inflation does not worry many commodoties but obviously recession does. Dr Copper is the world barometer.

It varies but China currently consumes around 50% of world copper annual production. No talk of recession in China and communist party will work to make sure it does not happen there - at least as much as they can. They will ramp up domestic consumer expenditure which will help copper.

Apart from normalisation of interest rates and dodgy money now finally coming out of crypto and stupid PEs for tech companies that were never realistic, can we really see this moment as another COVID hit or another GFC ? Not likely. Normal market correction and shaking out all the spekky money.

Ironically, the delay in production start might help Cyprium avoid this correction led mayhem. Doubt the financiers would not have seen the interest rate hike coming - that's what they get paid for after all. And would they prefer to invest in an Oz company or elsewhere in a shakey world ?

Keep calm and buy copper !

Cheers