So back to the real world, according to Trafigura copper stocks are at historic lows... not sure of the norm but under a week of reserves seems insane. I guess hence the price increase. Hopefully over $4 before Santa visits.
"Commodity trader Trafigura warned that global copper stocks have fallen to record lows, with current inventories enough to supply world consumption for just 4.9 days."
Iron Ore back over $100 USD
Coal sitting stubbornly high (yes yes the gov will take a decent chuck this time, sadge.)
Nickel rallying....
All suggesting a 10%+ HY divi "again".
Not saying there won't be a sell off but gesh... its risky!
Sell off, page-28
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