Post by
Buckfinder on Apr 15, 2021 3:43am
copper...
,,breaks out of a triangle-formation...very bullish formation...
copper never crashes as metalhead666 predicted to us - the opposite is the case, so he was totally false: after a rise from 2 to 4,30 we were consolidating these huge gains at the 4 usd level (which is astonishing by itself !!) and now getting momentum again... a chart formation for every chartbook :-)
metahead666l did not see the strong fundamental case with copper! Every EV car needs 4 time copper and all the new appliances are full of copper elements. ALL governments of the planet will start their recovery plans in the next months so BILLIONS and BILLIONS will be invested.
GLTA
Comment by
Buckfinder on Apr 15, 2021 5:01am
Fact is that copper is rising and not crashing as predicated by you... That's all. GLTA
Comment by
metalhead666 on Apr 15, 2021 6:51am
I never called for a crash in copper...pull back but no crash which didn't change my investments in it just shaped the timing of my buys. Sold WRN near $1.90 US and bought it all back at $1.25
Comment by
Buckfinder on Apr 15, 2021 7:52am
on march 4th you said quote: "$3.40 $3.30 or so...lot of supply headed to China which is slowing down. " Copper per today: $ 4,16 GLTA
Comment by
metalhead666 on Apr 15, 2021 9:15am
So? At least I'm invested in copper projects not headed for bankruptcy
Comment by
Richiechile on Apr 15, 2021 4:55am
Copper is resource constrained. Lithium is globally abundant. As a commodity play, copper wins every time. Of course there are lithium projects that for strategic regions are important but at a macro level it is copper, copper, copper and more copper. Copper is the new oil as Goldmans now predicting!