Any opinions on future copper/iron price movements?
After the strong silver and gold rally, they could/should follow suit. In my opinion they are still undervalued, the Chinese are pumping liquidity into the markets, so that could be promising, right?
I don't know many stocks there, something like Rio Tinto with a focus on dividends interests me less, more the growth stocks.
I did a bit of reading and found that in the copper sector $ASCU (+0%) , $ERO (+1,54%) , $HBM (+0,38%) , iron stocks like $ASX (+0,3%) etc. - but I'm not very impressed by the chart.
$FCX (+1,94%) I remember it from earlier times, but it's also bobbing along.
It's not intended to be a long-term position, but rather a short/medium-term trade. At least it would make sense to me if shares in this sector were to pick up soon.
In terms of returns, however, I see $BMNR (+0,84%) almost a greater leverage, assuming that an ETH rally follows, which I expect.
I look forward to your opinions!
