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Copper, corn show potential to follow commodities& #39; rabbit gold https://www.bloomberg.com/professional/blog/copper-corn-show-potential-to-follow-commodities-rabbit-gold/">https://www.bloomberg.com/professio... via @theterminal
"Metals are poised to take the commodity gold
Paradigm-shifting technological advances and decarbonization underpin our stance that the metals will be the commodities’ top performer." #copper $OCO.V $ORRCF
Paradigm-shifting technological advances and decarbonization underpin our stance that the metals will be the commodities’ top performer." #copper $OCO.V $ORRCF
"Metals gaining relative value vs. dollar, equities
The highest quarter-end level for copper in two years signals a bear-to-bull market transition in the most significant commodity in the Bloomberg Industrial Metals Subindex, in our view....." #Copper
The highest quarter-end level for copper in two years signals a bear-to-bull market transition in the most significant commodity in the Bloomberg Industrial Metals Subindex, in our view....." #Copper
"A peak dollar is needed for industrial metals to advance further, if history is a guide. Our graphic depicts copper and industrial metals in a potentially precarious position to start 4Q, notably if the greenback resumes its upward trajectory since 2011. Yet.........."
"..it’s looking increasingly difficult for the dollar to eclipse its record high in March. Greenback mean-reversion potential is gaining as a top driver for most of the past decade, with US stock valuations reaching record levels vs. GDP in 3Q. Relative value favors the metals."
