...its in freefall.
...it won't likely end until the X-mas tree is complete, then grind sideways for some time.
...I believe I showed you this chart sometime back, and its been months that I suggested to steer clear of resource stocks.
...understand the economic challenges that China is facing and you'd know the winter that commodities would have to undergo. And that's even before a coming recession.
Bloomberg Commodity Spot Index has essentially erased its year-to-date gain
https://x.com/KevRGordon/status/1817909995977224490
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Its Over, page-23082
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