Once Red-Hot Metals Retrace

2022.06.26 08:26

Remember all the zaniness in early March about how commodities were going to the moon, and metals such as nickel were so red-hot that the exchange literally had to shut down so that a short-seller in China wouldn’t blow up? Well, sure enough, the insanity top-ticked the entire market, and it has retraced.

Nickel Chart

Exactly the same thing has played out with tin.

TIN Chart

Here’s our local tin analyst (who calls himself with his report………….

Tin Man

Source