Copper has had a great run and will likely to continue to see price increases if demand stays strong ... that is a BIG if ... it pre-supposes the can could be kicked further down the road ... it might be when the fan is hit, the price will collapse.
Portfolio trades a lot like mortgage backed securities which were a great short ... after all with allthe money printing by central banks globally what could wrong with a bond which has become non interest bearing risks. Once again when the fan is hit these will be hammered and this time there will be no rescue plan.
Greenwashing will only continue to go occur while administrations can continue to perpetuate the climate change threat ... if either the greater depression occurs or the truth about climate change comes out, it will be forgotten.
Coming from Bloomberg, the golbal oil outlook will be skewed by green mikey's dream for greater influence. Whe he gets what he deserves Bloomberg's barnd will be gone and so will the narrative.
As a turtle I will continue to live with the unspectacular performance of PM's but they remain my shell of protection. GLTA
orgy