GREY:NEVDQ - Post by User
Post by
bogfiton Sep 30, 2021 10:18am
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Post# 33943118
Commodity crunch, or How to make sense out of the market
Commodity crunch, or How to make sense out of the marketWhat i learned about the copper market that was different from precious metals was supply and demand - not really an issue with gold.
So why are the commodities down today? Simple … the market doesn’t know how to gauge future demand, even short term! Will the Senate pass the spending bills? Will China’s economy need to pull back aggressively? How will Europe’s energy crunch impact manufacturing? These are all critical questions that begs an answer before we can access future copper prices.
One thing for sure, commodities aren’t going to get any cheaper as the global economy is flooded with new money.
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