From Taki Tsaklanos: Base metals are hot again. Interestingly, at the start of 2016, they were still truly in a ‘puke phase’ where investors dumped everything related to base metal investments.
There is even more. It is not only that base metals are soaring and hot among investors, at this very moment, they arrived at a price level which has secular importance. By that, we mean that the current price level is much more important than almost every other moment in time.