Copper may be down, but I am expecting higher later this year!
Posted: May 20, 2023, 8:44 a.m.
Blake Morrow sits down with Bill Baruch of Blue Line Futures to discuss the recent breakdown in #gold and #silver. He discusses how he is positioning himself short near term. Also, Bill touches on the bearishness in #copper however thinks that we will rebound back to $4 later this year. #China slowdown fears may be overblown right now and expects copper demand to increase later this year. Bill also gives his near-term thoughts on #crudeoil as well. And shares his current view on the #debtceiling debate!
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Futures trading involves substantial risk of loss and may not be suitable for all investors. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
Blue Line Futures is a member of NFA and is subject to NFA’s regulatory oversight and examinations. However, you should be aware that the NFA does not have regulatory oversight authority over underlying or spot virtual currency products or transactions or virtual currency exchanges, custodians or markets. Therefore, carefully consider whether such trading is suitable for you considering your financial condition.
With Cyber-attacks on the rise, attacking firms in the healthcare, financial, energy and other state and global sectors, Blue Line Futures wants you to be safe! Blue Line Futures will never contact you via a third party application. Blue Line Futures employees use only firm authorized email addresses and phone numbers. If you are contacted by any person and want to confirm identity please reach out to us at info@bluelinefutures.com or call us at 312- 278-0500
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