Chen Lin, Editor of What Is Chen Buying? What Is Chen Selling? joins me to follow up on his call for $50 silver in June and outlook now for copper and silver.
We start with why silver hasn’t hit that $50 mark. Chen shares his disappointment, but emphasizes the importance of understanding market sentiment and leveraging risk-reward strategies. We also explore the performance of silver stocks and look at various companies like SilverCrest, MAG Silver, and Guanajuato Silver. Chen explains how these producers are maintaining good levels, even when momentum as faded for the whole sector.
Switching gears, we cover the sharp movements in the copper market, focusing on what’s been driving the price shifts and the implications for copper miners. Chen shares his expectations for future prices and why copper producers are still strong despite recent market volatility.