A serious war is becoming increasingly likely, and war has historically always resulted in soaring inflation and soaring commodity prices, with base metals in strong demand. |
Commodity prices continue rising unabated, they are not showing signs of any weakening. |
Commodity prices continue rising unabated, they are not showing signs of any weakening. Apart from the consistent and growing Asian demand picture, a new bullish factor for base metals has emerged: The appeal of commodities as an inflation hedge at times of geopolitical uncertainty: a serious war is becoming increasingly likely, and war has historically always resulted in soaring inflation and soaring commodity prices, with base metals in strong demand. |