Tom McClellan
@McClellanOsc
Technical Analyst - Editor of The McClellan Market Report. Trying to figure out stock market physics, and to leave my campsite cleaner than how I found it.
Joined February 2010
296 Following 151.7K Followers
Interesting attitude to hear voiced at this moment, especially when the commercial traders in the COT Report are net short to a huge degree, and spot copper is in a bearish rising wedge structure.
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Something I heard recently from a US electrical infrastructure manufacturing exec:
"I'd rather have copper in my warehouse than cash in the bank, because based on what I'm seeing in supply chains, I'm concerned that cash may not be able to secure me actual copper at some point."
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