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Commodity prices fluctuate wildly. Fundamentals have very little to do with it.
by AlbertCory 3y ago
Commodity prices fluctuate wildly. Fundamentals have very little to do with it.
- trompetenaccoun 3y agoYou're right but it's a bit of both. There was a real shortage, we're just now slowly coming out of it. Prices are falling in anticipation because one can already see the mining capacity that's being added.
- AlbertCory 3y agoCould be. Commodities markets do have lots of speculators with no financial stake at all in the underlying commodity.