Daniel Moser

Is Copper Headed for a Fall?

Oil has increased for no reason whatsoever other than 4 million barrels per day of production cuts with a 80+% compliance among all OPEC members.

Copper has increased for no reason at all either, give or take 40% Cap Ex cuts accross the board from all major copper producers. And very sizable if not identical cuts in production.

Supply and Demand dictate these markets. In these cases you have future supply being cut coupled with speculation for improved demand.