Metals and mining stocks have ‘crashed back down to Earth’, strategist says


Base metals rallied on Thursday, but their downward trend over the last several weeks has been flashing recessionary signals. Copper (HG=F) futures touched a 19-month low this week amid concerns of a recession. The metal used in everything from jewelry to motors and electrical wiring is down about 19% year to date. “Doctor” Copper is…

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