In my Q1 2023 report on base metals on Barchart, I highlighted the over 7% rise in COMEX copper futures and LME copper forwards over the first three months of 2023. I ended the report by writing:
I am bullish on the base metals sector and view selloffs as buying opportunities for the future. However, picking bottoms is always challenging in the volatile commodities asset class. I will leave plenty of room to add on a scale-down basis on further declines.
