Minimize

Welcome!

Could copper lead the metals upward?

Cory
August 24, 2017

With the precious metals remaining range bound Craig Hemke, Editor of TFMetalsReport.com takes a look at the continued copper and base metals breakout. We try to make sense of this move and what the markets are telling us. We also look ahead to tomorrow’s Jackson Hole meeting and speeches.

Click here to visit Craig’s website.

Click download link to listen on this device: Download Show

Discussion
30 Comments
    Aug 24, 2017 24:34 PM

    @Goldfinger – “Surging EV metals demand:”

    $aluminum $cobalt $copper $graphite $lithium $nickel $manganese

    http://cdn.ceo.ca/1cpt5q0-EV_metals_demand.png

    Aug 24, 2017 24:44 PM

    Iron ore nears $80 a tonne
    Prices for the steelmaking material up almost 50% since beginning of the year.
    Cecilia Jamasmie | 2 days ago

    http://www.mining.com/iron-ore-nears-80-tonne/

    Aug 24, 2017 24:49 PM

    As for the Jackson HOLE in our pockets from all the central bank scheming I had posted this article earlier this morning at the bottom of some blog:

    How one central-bank cowboy at Jackson Hole has fallen behind — and may be spurred to act
    Published: Aug 24, 2017

    http://www.marketwatch.com/story/how-one-central-bank-cowboy-at-jackson-hole-has-fallen-behind-and-may-be-spurred-to-act-2017-08-24?siteid=yhoof2&yptr=yahoo

    Aug 24, 2017 24:27 PM

    Gold Miners Bullish Heading Into Jackson Hole

    by @Goldfinger on August 24, 2017

    https://ceo.ca/@goldfinger/gold-miners-bullish-heading-into-jackson-hole

    Aug 24, 2017 24:04 PM

    I recently said that copper looks like it can melt up and it still does. It is up 50% since the start of 2016…

    http://stockcharts.com/h-sc/ui?s=%24COPPER&p=D&yr=1&mn=9&dy=0&id=p08763049947&a=487154642

    Aug 25, 2017 25:17 AM

    $PLM $POM Polymet Mining Presents At CFA Society of Minnesota 6th Annual Intellisight Conference – #CorporatePresentation Slideshow #mbgtrends #Index
    Aug. 24, 2017 – #Copper #Nickel #Platinum #Palladium #Cobalt #Gold

    https://seekingalpha.com/article/4101649-polymet-mining-plm-presents-cfa-society-minnesota-6th-annual-intellisight-conference?auth_param=c9otd:1cpu2bb:2ab34b223b462cd33665924629578610&uprof=45

    Aug 25, 2017 25:27 AM

    Avi Gilbert’s weekend comments on PMs:
    http://news.goldseek.com/GoldSeek/1503670020.php

    Aug 25, 2017 25:31 AM

    Copper price rally is only gathering momentum
    Frik Els | about 15 hours ago

    http://www.mining.com/copper-price-rally-gathering-momentum/

      Aug 25, 2017 25:37 AM

      Gold has a crack at closing the weekly candle over $1300 today.

      Currently at $1298. (usually triple tops don’t happen and the 3rd time is the charm).

      If it doesn’t happen today, I expect gold to make it through this resistance zone next week. Who knows, even OOTB may be happy if Gold can close above $1307 next week 😉

        Aug 25, 2017 25:17 AM

        We know spanky won’t be!

        Aug 25, 2017 25:39 PM

        YES….. $1307, and stay above without dropping back down…….might make me happy, but then I would like to see $1450 by year end………..wishful thinking……. 🙂

          Aug 25, 2017 25:40 PM

          Mnuchin effect………….