Loading ...Otavio (Tavi) Costa
@TaviCosta
ยท
16h
Copper now diverging from gold in a meaningful way.
Yes, AI, industrial demand, and onshoring are part of the story.
But the real driver is a tightening supply-demand imbalance that the market is only beginning to price in.
That said:
Metals rarely stay disconnected for long.
This gap is setting the stage for gold to become the next catch-up trade, in my view.
