Sometimes an investor’s biggest wins are the deals they pass on. For those who’ve fallen victim to resource nationalism, they need no reminding. The location of an asset and its political environment, far outweigh the grade and potential profit any one project can hope to provide. As resource nationalism heats up in central and south […]
Tag: copper prices
Can Copper Maintain Momentum in 2021?
Copper is flirting with an 8-year high after putting together one of its best years in a long time. Copper prices fell below that high of $3.70 per pound to about $3.60 towards the end of trading Friday. Many base metals are rising because of the ongoing inflationary boom and the promise of trillions in […]
Longest Bull Market in U.S. History Immune to Coronavirus?
The United States, currently enjoying its longest bull market in history, is decoupling from the rest of the world. From its currency to its stock market, the US is on demand. Despite somewhat underwhelming US growth in 2019 (2.1% GDP), investors continue to bid up America’s leading companies, the likes of which include Amazon, Google, […]