Global Exchange Copper Miners Index ETF (COPX)

[Boing x 2]

“ Citi requested delivery of about 100,000 tons of aluminum and 40,000 tons of zinc”

I attempted to write this memo five times yesterday and deleted it due to the sensitive nature of what is going on. So here it goes again since I saw what Citi is doing today.

If all the banks now start to become like hedge funds, this could be major.

My memo said brass is made of 65 percent copper and 35 percent zinc.

Munitions are made of brass. With Gaza and Ukraine the munitions being dropped are likely going to impact copper and zinc prices.

It is said there is already a 13 year shortage of munitions.

As the Gaza and Ukraine unfortunate situations are likely to go on a long time it will likely impact the price of copper and zinc.

Boing X 2