David Burrows COPPER HGA-T BUY May 17, 2024

Bullish on basic materials. Believes demand will continue to rise. Early stages of bullish market in commodities. Would recommend buying.

David Burrows

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DON'T BUY

Copper's done extremely well, so people are saying that it's indicative of the health of the global economy. But heads up, as September is seasonally weak for copper. Base metals are running today, but it's not the time to take positions. We're close to the run being done, and may see a pullback. Stay away.

BUY

Good product if bullish on copper prices, but can be a risky investment. Electrification of the world will require lots of copper. Overall is a strong investment thesis. Is buying at current prices. Not enough copper in production to satisfy demand.

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David Burrows COPPER HGA-T BUY May 17, 2024

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