Why is China dumping copper and flooding the metals market? Gianni Kovacevic скачать в хорошем качестве

Why is China dumping copper and flooding the metals market? Gianni Kovacevic

China is going through its third batch of strategic reserves selling, commencing on September 1. This sale will include 150,000 tons of metal, including 70,000 tons of aluminum, 50,000 tons of zinc, and 30,000 tons of copper. Due to this selling, copper has fallen from its highs in May. Gianni Kovacevic, CEO of CopperBank discussed with David Lin, anchor of Kitco News, China’s goals and what the downside target of copper may be, as well as the long-term upside potential. Follow David Lin on Twitter: @davidlin_TV (  / davidlin_tv  ) Follow Gianni Kovacevic on Twitter: @GianniKov (  / giannikov  ) 0:00 - China selling strategic reserves 12:06 - Copper's macro drivers 16:50 - CopperBank change in leadership 18:30 - Copper price forecast #copper #metals #investing __________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?r... Twitter -   / kitconewsnow   StockTwits - https://stocktwits.com/kitconews Live gold price and charts: http://www.kitco.com/gold-price-today... Live silver price and charts: http://www.kitco.com/silver-price-tod... Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscriptio... Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.