Attention resource speculators; your preferred playground of high risk commodity and resource trades is rolling over.
Assuming this continues it is time to be squaring this with views on not only commodity/resource related global trades, but also the efforts at inflation that US and global Central Banks are making.
All that from one Canadian backwater market rife with grifters and con artists? Well, maybe that is a stretch. But it is one tool that is shifting away from an inflationary, risk ‘on’ global view, short-term at least.
And the view relative to the senior TSX is even worse.
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