beware of bouncing dead cats, page-15

  1. 29,310 Posts.
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    True, cc900, but many fear that the fundamentals under metal prices are shaky.
    many have written recently of the copper price rising on diminishing demand. As some iron ore producers negotiate higher prices, some warn China may cut back imports due to increasing stockpiles. Gold is uncertain.
    The only metal with an undisputable support is zinc.
    Sure, fundamentals can show us direction, but sometimes they're not as fundamental as they seem, lol.
    But I certainly hope you're right.

    Cheers
    GZ
 
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