Share this postMacleodFinance SubstackThe Money levels ShowCopy linkFacebookEmailNotesMoreThe Money levels ShowThis was recorded last week. MacleodFinanceMay 28, 202430Share this postMacleodFinance SubstackThe Money levels ShowCopy linkFacebookEmailNotesMore10SharePreviousNext
Mike
Copper is being stockpiled by China, which short-term appears to have driven the price too high on purely industrial demand grounds. I think it is another way by which China is dumping dollars.
Richard — I've done similar excercises in the past and can confirm your observations!