Yes. It’s been a very long road.
“By next year however, both reserves and production should be falling at an accelerating rate. And with any luck, enough of the deleveraging will be done to allow a strong bid to return to the shares.”
Luck being the operative word. I’m not sure I’ve ever seen supply/demand matter much in the pm paper markets.
“Bitcoin moment” – HA! I can’t believe Bitcoin has actually had a “Bitcoin moment” – beyond bizarre.