Post by
metalhead666 on May 12, 2021 6:01am
Meaningful correction in copper price on deck....
So says Cathie Wood of Ark fame. She says that consumers of commodities have doubled and tripled orders to gear up for the re-opening demand. Once that rush to buy stuff is over commodities will retrench significantly. Now I couldn't care less what that religious lunatic nut bag has to say about anything but she shares the FEDs view that inflation is "transitory".....if so then expect the speculation to come out of the copper price and some new equilibrium to be reached.
This isn't a comment on the NCU project just a warning on being so irrationally exhuberant with the short term momentum we've all enjoyed.
The future copper price...long term....will surely be higher but the odds of a meaningful correction in copper and miners has increased. Don't chase things.....buy low, sell high.
Comment by
ronnie420 on May 12, 2021 8:12am
Checked all your posts nothing of value. Bashing across all the boards of companies you don't have shares in. Why? Is this what you fill your day with lol
Comment by
patchh on May 12, 2021 8:17am
clueless ! ~`we need to believe in they'/them/~psyko babble..! let 'it' rant away.. metrik this - geo that - crash etc... we hav a bell in about an hour - mabey get a little pull bak -2- load up on... lets keep focused on straights N full houses & three of a kinda0off if the bord will sell
Comment by
metalhead666 on May 12, 2021 8:18am
Oh, I didn't realize that you can only be bullish and only post comments if you're stupid and married to a thesis unable to have an open mind that changes with the facts. Sorry. LOL