Post by
cupricity on Mar 03, 2022 2:26pm
copper and Russia
All of a suddent the worlds need for copper increased massively as old Putin decides that empire beats economy (It's pretty outdated thinking, but Russia is......)so now all of the west is going to immediately and drastically reevaluate their resource acquisition plans and pour money into SAFE jurisdictions. Like.... TKO. If you want to see the graph of Russian resource plays in 3 months just look at AME on the 1 year.
Comment by
nofluff on Mar 03, 2022 4:36pm
What has russia got to do with ame cup??? But still. A good idea to look at the graph. It looks like identical multiple tko graphs in over the last decade. I have always found it better to buy at the bottom of those graphs and sell at the top. However. Each to there own. nf
Comment by
nofluff on Mar 03, 2022 5:47pm
point made though. Tko had way better swing at 5.00 to 30 cents for 15 times and then another 3.00 to 30 cents for 10 times. Ame only a 4 time drop. It just is what it is. And that certainly has nothing to do with russia. nf
Comment by
nofluff on Mar 03, 2022 8:43pm
Not sure what todays news will do to copper. But the war has definitely turned nuclear. One of the worlds largest nuclear power plants was attacked and on fire. The shelling continues. It is reported that it will b 10 times worse than chernoble. nf