The Copper trade (HGN5) from Wednesday is working well. My target is 495, HOWEVER, I was looking to increase my long term exposure to copper and I will probably keep it. Copper has been a cornerstone(along with gold) of my currency hedge portfolio. I believe the market is abandoning the belief that the Trump administration would be fiscally responsible. Have a great Memorial Day weekend. -Jim-
Published May 23, 2025Updated May 23, 20252 min read
The Copper trade (HGN5) from Wednesday is working well. My target is 495, HOWEVER, I was looking to increase my long term exposure to copper and I will probably keep it. Copper has been a cornerstone(along with gold) of my currency hedge portfolio. I believe the market is abandoning the belief that the Trump administration would be fiscally responsible. Have a great Memorial Day weekend. -Jim-