RE:How low will tko go??Yes, we all know why copper is down but your assumption it will continue to fall is based
on the idea that China will continue to implode under Trump's tariff war. The problem with
that theory is China and Europe as well as the rest of the world will negotiate trade deals
with each other and form their own trading bloc separate from the US. China will not sit
back nor will the rest of the world and allow Trump to dictate to them without a response.
Trump may get burned by his own strategy in the end and your copper price will stabilize
and then explode upwards again. Be careful when it comes to China and what they may
or may not do. So far they have been matching Trump blow by blow by reciprocating with
their own tariffs and lowering their currency. This will negate Trump's tariffs until the trade
deals with Europe and elsewhere kick in and then watch out. That's my prediction.
MS