RE:Base Metals StocksI think you are right about the demand for base metals, especially copper. China faces multiple challenges from youth unemployment to massive debt default in state banks that will produce at least period of stagnation that shows no prospect of recovery this year.
The decline in EV sales surely must be taken seriously, and well as development of more reliable and safer batteries that may reduce cobalt demand.
As it is, I’ve purchased a swing-trade portfolio of gold and silver miners and PM ETF’s to arbitrage as global trade declines due to reduced discretionary spending by Europeans and the Japanese.
Looks like VIX is beginning to signal a loss of confidence in the Global economy.
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