In the world of financial stories, one of the most common themes is how such-and-so is going to be “the next” followed by fill in the blank. Often the blank is “Amazon” or “GameStop” or “Tesla.” This time, the two nouns involved are “copper” and “oil”:
I was intrigued by this, and judging from these charts, I’d say the idea of copper doubling from here is far-fetched. In fact, I’d say the very publication of such articles is more a sign of a top than the beginning of a new bull run:
