Member Info for Bottled

Good Morning
I am curious as to whether you got up or hadn’t gone to bed when you posted circa 3am.
I notice you often post early, do you sleep at all?
ATB
Bottled

https://news.metal.com/newscontent/101512390/china-to-release-20000-mt-of-copper-30000-mt-of-zinc-and-50000-mt-of-aluminium-reserves

Think the market was expecting more to be released, Think Cu will be bullish again! Happy days
ATB
Bottled

https://seekingalpha.com/news/3708693-glencore-plans-restart-of-mutanda-mine-cobalt-producing-powerhouse?mail_subject=glcnf-glencore-plans-restart-of-mutanda-mine-cobalt-producing-powerhouse&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha

Similar article as Billys with a few CU & CO numbers chucked in.
20% of the Co market impressive.

my view is China are off loading reserves in the short term to weeken Cu prices for the rest of the year, on the premise that Cu will not be in such short supply from next year coming out of the pandemic and Cu prices would de diluted naturally though more mining. inflation and strong dollar also have an affect, as does the green revolution which is likely to have a gradual rise over time. Whether Chinas plan works remains to be seen .

Evening Billy
Thanks for your response and sharing, appreciated I wasn’t prying just curious.
I remember JMO was rather good at trading in this stock.
It might be Worth noting Rakesh Gupta’s comments regarding copper on investing.com on the phone not pc he appears pretty spot on. Go to hg then comments.
I wish you and Mrs Bigwig all the very best.
ATB
Bottled

Evening Billy are you a trader or a long term holder?
ATB
Bottled

Yes, they are, however I am longer term I am bullish on metals especially Cu what with green energy and electric vehicles lack of supply and time to get new mines up and running. Hope you made a few quid, great time to be trading.
ATB
Bottled

Good move Joker

https://ukinvestormagazine.co.uk/glencore-share-price-could-depend-on-the-price-of-copper-and-zinc-in-the-coming-months/

Cu needs to keep above 4.43 to stop bearish trend

That’s as maybe Billy Cu looking like going bearish new trading range of 4,34-4,43 for now

Appears to be trading in a tight range currently, 4.48 - 4.54 difficult to see where it is going short term Consolidating no bad thing! My Gut feeling is it will go north in due course, could dip short term.
ATB
Bottled

Me too although could retrace further before further up lift

board is very quiet today!!

https://seekingalpha.com/news/3701077-chile-copper-tax-could-jeopardize-1m-tons-of-future-production-goldman-says

https://www.investing.com/news/stock-market-news/the-great-commodities-boom-of-2021-is-facing-its-first-big-test-2512149

https://tradingeconomics.com/commodity/copper

Livinthedream
Good point or they go down the Kaz. Minerals route! ATB
Bottled

http://www.kitcometals.com/charts/lmewarehouse.html

https://seekingalpha.com/news/3696143-copper-rally-cools-on-mounting-inflation-concerns