RE:RE:RE:RE:Goldman on cu That's exactly right. China can go suck it.
crow27 wrote: “The only thing that can fight real physical inflation is rate hikes, not talk of rate hikes,” he said. “The bullish commodity thesis is neither about inflation risks nor Fed forward guidance. It is about scarcity and strong physical demand.”
In terms of copper, Courvalin said that “center of gravity” was shifting in the market, with China no longer being the biggest catalyst for prices. Instead, infrastructure and green-economy plans in the U.S. and Europe will be the driving force behind demand for 2021 and beyond, he said.