Loading ...Probably time for a big short squeeze to bring it back to life.
I haven’t followed copper, so I’m not sure what’s happening there, but RIO and BHP have been sinking along with the SM. Seems like they’re an indicator of a slowdown in the manufacturing economy. They don’t seem to benefit when gold rises.
I keep waiting for the scum to come in with a huge nanosecond dump to take gold down $40-50, but somehow we’re hanging. Nice to see in a weak SM