As highlighted by Tavi Costa ->
Despite the recent surge in copper prices, when adjusted for true inflation, the metal is trading at levels we saw in the early 1990s. Will copper prices adjusted for gold still be this low by the end of this decade if we proceed with one of the largest infrastructure developments we've seen in the last 100 years??? Source: Crescat Capital, Bloomberg
The metal bull market is broadening as Gold, Silver, Nickel and Copper are all exploding higher.
What is the message from Mr Market here? Source: www.zerohedge.com, Bloomberg
The Global X Uranium ETF $URA is already up 13.5% in May.
It's on track for its highest monthly close since March 2014... after spending the past several months consolidating. Source: Justin Spittler
Could headline inflation start following the rebound in commodities prices?
Source: Tavi Costa, Bloomberg
Multiple times in history, the precious metals industry was considered the largest market among global assets.
Today, however, it has shrunk so much that it's almost a rounding error. Will capital start to flow back into this industry? If yes, the impact on prices could be substantial... Source: Crescat Capital, Bloomberg
Copper jumps to highest price since April 2022 👀
Source: Barchart
Short squeeze in copper
Source: Bloomberg
copper jumps to highest price since April 2022 👀
Source: Barchart
