Summer cool down, Copper edition

As inflation hysteria continues to cool, the Copper price continues to weaken

It looks like the SMA 200 or bust.

If copper holds the SMA 200 it won’t be a bust. If not well, it’s on the macro table. I am still leaning toward this being just an interim ‘fuck you’ to the inflationist herds, inflationist gold bug herds included. But we shall see.

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