Blogotariat

Oz Blog News Commentary

Numera: Sell copper

October 18, 2021 - 12:30 -- Admin

Numera with the note. I agree but am more bearish and consider the current bounce a mania. Copper–Underweight. Weak demand prospects, rising mine supply and weakening trader sentiment all worsen the risk-reward balance of copper for2022. We expect spot LME prices to drop $1000 / MT 12M out. Up until May of this year, copper

The post Numera: Sell copper appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]