Lot of "China is falling apart news" sell your metals recently such as:
kitco.com/news/2021-09-02/Why-is-China-dumping-copper-and-flooding-the-metals-market-Gianni-Kovacevic.html
IMO that story isn't going to age well at least in the near term... market buying the bad news. Recent new high on DBB. Copper looking bullish again too. Turns out the world still needs a lot of metal.
Based upon that recent high and bull-flag - DBB hitting $22 = very likely.
Inflation looks like it is ready to ROAR! At least for a bit longer.
Not financial advice.
kitco.com/news/2021-09-02/Why-is-China-dumping-copper-and-flooding-the-metals-market-Gianni-Kovacevic.html
IMO that story isn't going to age well at least in the near term... market buying the bad news. Recent new high on DBB. Copper looking bullish again too. Turns out the world still needs a lot of metal.
Based upon that recent high and bull-flag - DBB hitting $22 = very likely.
Inflation looks like it is ready to ROAR! At least for a bit longer.
Not financial advice.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.