Post by
spacegimp on Mar 15, 2024 2:25am
Doctor copper getting high again on government overspending
Not good . Not good at all . That will definitely push up cpi and put the kibosh on rate cuts . Western clown governments are so foolish to think they could just use central banks to tame inflation. They are overspending(deficit)on average about 5% of GDP , then go in front of their mass media bootlickers and proclaim what a strong economy we have . I guess this fools most people ???
Comment by
spacegimp on Mar 15, 2024 12:53pm
Good article on Shanghai copper and iron ore stockpiles building up , appears china slowdown is far from over https://financialpost.com/commodities/mining/copper-surges-past-9000-supply-threats/wcm/79e5dd77-0301-4cff-8c49-4202f9acb6d5/amp/