Ivanhoe Mines Ltd T.IVN

Looks like metals

[sicnarf2]

Will take in on the chin again today ?

[Cobalt]

It seems likely, as copper has fallen below a trend line and is now aiming for $3.90, which is the point where it previously broke out in March.The Green New Deal is dead, and the USD is surging on the plans proposed by Trump.

[Dragonflyinvest]

" the USD is surging on the plans proposed by Trump."   The appetite for the USD is anticipation of U.S. Fed higher interest rates due to renewed inflation, and continuing concern over China’s overcapacity, rising unemployment, etc., and fear of looming EU recession, all that and more including the fact that the market is still searching for true valuation of assets.

[Thuga1]

What asset performs the best in high inflation. Hint 1. It starts with a C Hint 2. It ends with an R.

[Cobalt]

Not buying copper as the best inflation hedge, let's look back and measure from the 2018 market highs before this massive wave of inflation. Bitcoin 350% Nadaq 175% S&P    105% Gold    92% Copper 28%

[Coppernut]

Why would you start with 2018 where there was no hint of inflation?  By that standard I could make almost any asset show as an inflation hedge just by chosing my starting dates. What happened to bitcoin, Nasdaq or for that sake S&P in 2022 when inflation peaked? Not saying that copper will always come to the rescue, but it certainly has a better shot than bitcoin or Nasdaq. The best is

[Cobalt]

It seems logical to me to start at the market's peak before COVID-19 and inflation hit then see where we are after a massive inflation spike, QQQ and BTC are certain to outperform copper.

[AlwaysLong683]

Nope. It starts with an O. It ends with an L. There's an I in the middle.