……… the five year copper charts, price and LME warehouse. This post is by way of reply to a mail yesterday.
Cut the crap, stop looking wistfully over to Shanghai for any sign of an uptick and keep your eyes on inventories.
It’s extremely simple, which is always a good thing. If inventories stay like this, so does copper. Any commentary you hear about a rebound in copper that does not take the above chart into account is just another case of uninformed fool grasping at straws.