RE:RE:China....ignore it....accumulateAbsolutely...a high copper price covers a multitude of sins and makes marginal projects good ones. It's a difficult call right now....China clearly is in trouble and tariffs will only make that worse....Trump wants coal fired cars, power plants, BBQs and 4x4s the size of buses....two of the big drivers of copper demand. Housing and construction is the other big one and that all depends on where rates go and how much more debt the masses can take on.
I wish it were all tailwinds but it's conflicting right now.
TGB is doing all the right moves but it'll stagnate absent a robust copper price
Some good, some great, some so so and some to be determined. I wish it were more clear which is why I have a 5 year time horizon now and will slowly $ cost average into a big position over months