Gold glitters, but other raw materials sparkle too
Comment of the Day

September 04 2020

Commentary by Eoin Treacy

Gold glitters, but other raw materials sparkle too

Thanks to a subscriber for this report from Bank of America Securities. Here is a section on aluminium: 

Eoin Treacy's view

A link to the full report is posted in the Subscriber's Area.

Considering the depth of the pullback on Wall Street yesterday and in the initial weakness today it would have been reasonable to expect a more pronounced impact on industrial resources today. In fact, the sector shrugged off tech sector volatility and a number of the industrial resources closed higher in a dynamic fashion.

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