RE:Dropping like a rock !!!9:52 listen too his interpretation of what may just happen in this cycle that may just be starting.
https://www.youtube.com/watch?v=CwHgnKSrLeY&feature=youtu.be
Eric Coffin figures once this COVID is over in the US and the other developed nations. Not China s they at least tamed it. Did you see their numbers this morning?
Like they seem too be roaring back!
China trade: export surge continued in December, pushing surplus to record high
- Exports grew by 18.1 per cent in December from a year earlier, down from 21.1 per cent growth in November
- Imports grew by 6.5 per cent in December from a year earlier, up from 4.5 per cent in November.
The USA and the others of the G7 gotta get the virus under control and then hopefully eradicated as fast as possible. If they can , then just watch inflation run. Lets not get into politics!!!!
Copper the commodity is doing very nice, now how about the shareprice its STRANGER THEN FICTION!
RSI 39.32 @ $1.41
Anyways Eric says COPPER could even reach $4.50 - $5.00 this cycle because he sees no big announcements of mines being built.