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Re: LCP77 post# 1975

Monday, 12/23/2019 7:22:21 PM

Monday, December 23, 2019 7:22:21 PM

Post# of 3679
It’s getting more and more difficult to find a bearish 2020 outlook for copper. Goldman Sachs is predicting an average of 3.18/lb usd.

The current US political administration is dependent on a robust economy heading into an election year. The best way for then to achieve that is to ease trade tensions with China, which would obviously be very bullish for copper.

Credible sources are suggesting it will test all time highs over $4 on a short term basis.

Hope you’re right on a $5 CAD buyout, but I’ve got to admit I will likely be taking profit well before that point!