Member Info for billybigwig

Greggs Belgian buns and a brew ;-))

Eviking a box of greggs doughnuts for me :-)))

Ronnie vaccinated end of June then you'll be on your jollies

Oh and with flying coming back into play with holidays BP BUY RDS BUY :-)))

Glencore buy... .tui buy SPAIN, Cyprus and Portugal may welcome Britons this May, following the lifting of travel restrictions. There are some restrictions on who will be welcome in each country. You'll need a nice sausage roll too in tbe airport greggs buy

Small amount

Did someone say BAR?

:-)

Monday looks to be a bouncer day

JPMORGAN RAISES GLENCORE PRICE TARGET TO 360 (350) PENCE - 'OVERWEIGHT'

Copper Price Forecast: Bull Case to Prevail on Robust Supply and Demand Drivers

03 Mar 2021 04:30, GMT
Thomas Westwater, Analyst

Copper, LME Warehouse Levels, Technical Outlook – Talking Points
Copper takes aim at all-time high as the red metal nears a 20% YTD gain
Global macroeconomic factors point to further support for prices
Copper’s 12-day Exponential Moving Average eyed as near-term support
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Copper prices continue to soar as the global economic recovery strengthens amid a backdrop of loose monetary and financial conditions, slowing Covid-19 infection rates, and shifting energy policies. The red metal will record its sixth consecutive monthly increase if the current trend holds, with all-time highs in view.

The industrial metal is trading at its highest level since mid-2011 when prices were coming off a record peak following a commodity supercycle that pushed copper and other metals into the stratosphere. The current rally suggests we are now in another one. That hypothesis may be confirmed soon if prices break the approaching all-time high of $4.649.

A new all-time high would certainly solidify the bull case for copper and potentially beget even higher highs. Current supply and demand conditions are favoring commodity prices. While there are many gradations under close examination, the bullish narrative for copper can be broken down into simpler terms. Supply will likely remain under pressure as stimulus-driven demand bolsters prices.

One reason supply will likely remain under pressure is the amount of time it takes – which is estimated at around 8-10 years per industry experts – to get a copper mine up and running. That said, major physical inventory levels are nearing record lows, with the London Metals Exchange’s current copper inventory level near 15-year lows

Copper, LME Warehouse Levels, Technical Outlook – Talking Points
Copper takes aim at all-time high as the red metal nears a 20% YTD gain
Global macroeconomic factors point to further support for prices
Copper’s 12-day Exponential Moving Average eyed as near-term support

Troajan bonds are rising

Troajan need the oil price to stay it is or higher if the Russians see their Harris it could go pear shaped good for the pump price bad for oilers profits

Tech sector is over heated troajan the likes of tesla need to come down some

5 to 10 years shoukd say

Yeah good old Jeff 5 to 20 years to get a new copper mine up and running ...trouble with oil is the just turn a tap on so can over flood the market driving oil down trouble with opec is the Russians are dieing to ramp up oil its cost them a lot of money over the last 12 months in oil price and production cuts

Troajan a sweet deal would be both glencire and BP back in the £4s

Yeah let's see if we can get BP back in the £4s I wont mind trading ot in the £4s

Troajan.that could drop the oil price but if the economy is recovering then it would be prudent to step up production...furlough to end now in September that doesn't sound like to me that everyone is going back to work hmm....but if holidays start in June say, they will have to step up oil production even more more oil more money hopefully a better BP price ??