Tin - The ugly duckling metal with huge swan potential
Goldybug has started taking interest in industrial commodities due to lacklustre stock potential in the UK and a seemlingly overstretched and overconcentrated market in US. Whilst reviewing industrial metals Copper, Lead, etc. an opportunity with Tin got the old antenae twitching.
Tech indicators such as BB and MRC point to a potential short term dip in Tin price. However, geopoliticals and demand-supply issues point to huge upside potential gains this year if one enters at the right point.
At the right time, Goldybug will be placing long into an ETC such as TINM although he cannot endorse this product and would advise reading the associated documentation of any ETF/ETC product before buying into it.
Good Luck if you get into Tin, do your own research to back any opinions here and don't place more than you can easily afford to lose.
Goldybug
xxx
Tech indicators such as BB and MRC point to a potential short term dip in Tin price. However, geopoliticals and demand-supply issues point to huge upside potential gains this year if one enters at the right point.
At the right time, Goldybug will be placing long into an ETC such as TINM although he cannot endorse this product and would advise reading the associated documentation of any ETF/ETC product before buying into it.
Good Luck if you get into Tin, do your own research to back any opinions here and don't place more than you can easily afford to lose.
Goldybug
xxx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.