RE:RE:WHAT WE KNOW-WHAT WE DON'T KNOWAgree Peach and Gs ....incredible the bounce of copper in just a few weeks. Interesting also the up after LME went almost to 250K.
Big volatility in price, but no doubt USD has helped Copper price today.
Read that Ford already felt the higher cost of (base) metals.....thus lower profitability.
Lot's of the carmakers will follow. Will be a hard time for everyone looking into the future and most of it..."The Speed" of the future. Well - sure they will get the brake on it when everything is moving too fast.
Ahead of Chinese New Year - the Chinese are the biggest question for now IMHO.
How much will be their growth??? Top or below the average...... that's what is going to determine the copper price most.
Ps: Holding 95K Taseko