….copper, the most recent action via 60 minutes candles.
But no matter the cause, more interesting the effect. IKN Weekly subscribers have been pointed to a couple of small junior Cu plays that haven’t as yet joined the mayhem and fury and as such they present decent risk/reward options right now. Even if we get the significant drop I’m still expecting (waiting for Godot) to, let’s say, Cu $2.50 there are plenty of names worth considering, so here’s another time when market expectations and fundies on the stocks have greatly diverged. Always a good time to search for value.
Last thought: Keep watching that LME warehouse inventory number, dudettes and dudes. Now 292k and counting, when it breaks 300k I suspect the issue will catch more headlines. DYODDD.