Now that peak inflation is behind us and rate rise moving fwd should slow down...usd will weaken further. Commodity will be a big winner.
I will suggest this is the start of a commodity supercycle underpinned by decades of underinvestment. Supply simply can't keep up with demand.
Major IBs are still shorting commodities in LME, and they will have to quickly reverse that position abruptly when there are further signs of slowing down of inflation.
Fundamentals are very strong now and copper is about to pop hard anyday now. Big Pop that is.
Time to load up and take the driver seat.
$?Bill in a ? Life mine, page-19489
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90.0¢ |
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Mkt cap ! $136.2M | |||
| Open | High | Low | Value | Volume |
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