this is sentiment now kicking as gold fell a bit due to margin calls (same as last week when markets fell) and US markets fell last night by big margins. The big 7 stocks lost around $750b of market cap last night alone.
once margin calls clear gold will recover and make new ATHs. copper will be under pressure until EU, US and few others announce new stimulus packages to revive their economies. but gold will make up for the copper losses and once copper joins the upward movement we will see strong inflow into anything Au/Cu and Cu/Au and any company with porphyry project will become very attractive to every investor.
getting there slowly. there are already calls for the FED to cut rates while some central banks already started to cut. Canada cut twice already.
ALK Price at posting:
52.5¢ Sentiment: Hold Disclosure: Held
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