Loading ...Copper too jumping off artificial lows. The market must have realized (todays reports) changed its mind today about the US economy getting slower. The market I think is confused about the US economy versus the Global economy.
My original thoughts after 2008 was that Globalization was going to fail, due to the USA no longer able to import everything from every country anymore, and that the USA would be the winner, and all other countries would be the losers. A simple reversal of the USA always losing.
I described the USA as the strongest swimmer, since it WAS always swimming with them all on our backs since 1975. The USA looking out for itself, was not good for the others. Instead of China being the biggest users of metals for decades, it will rotate over to the USA being the biggest user of metals. Probably domestic produced metals.