Digging the Dirt: Broader Themes Across Base and Precious Metals: BI Replay
This week's BI Metals & Mining call will focus on the broader themes driving metals markets and in some instances causing prices to diverge from fundamentals. Metals remain tightly tied to overstretched US equities, leaving copper especially exposed. Gold and silver now risk following crude oil’s path, sharp melt-ups giving way to long consolidations as parabolic rallies exhaust themselves.