Take physic, pomp

Chart of the day is………

…..LME copper warehouse inventories:

Hateful, aren’t I? All you want to do is to ignore things like “reality” and keep enjoying this bull run that WE ALL KNOW WILL NEVER EVER END and here’s me prodding at your ribs with the pointed stick of Cu warehouse numbers again.

Elephant? Meet room.

Canary? Meet coalmine.

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