Reply to Trent 3727
TECK and FCX cannot sustain a bid.
Supply side disruption-----Chile, Peru, African organized shipment piracy, etc is all that the investment world can look to, for further copper upside.------ However BHP still bid.
Higher copper prices, lead to further infrastructure destruction as transmission lines are pirated for scrap.
Funny money, low yields, making its way into things like the SQUARE/ AFTER PAY all script deal, as well as some natural resources, SANTOS/OIL SEARCH. [no where near OSH 2019 price of $6.00]
The ring the neck of shorts has occurred in Bond Yields, and it follows that there would of been big upside exposure to the commodity trade earlier this year.
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Reply to Trent 3727TECK and FCX cannot sustain a bid.Supply side...
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