Sorry Fed - disagree in fuller context of oil. I know cheaper oil will reduce production costs but it seems the vast majority of metal stocks are somehow related to & dependent on the oil price.
When oil starting tumbling many stocks came down with it. I have read a few different reports that confirm oil price lowering has actually put brakes on metals.
I can't explain any correlation but it seems to exist.
Perhaps if oil goes up again we will get a free ride!
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