New lower lows in base metals keep coming – why?

Just when we may have thought it was the best time to return to the base metals market, we see new recent lows. Why and how much longer should we wait before calling a proper bottom? Technically, we have yet to see exhaustion, but what about the fundamentals? IGTV’s Jeremy Naylor caught up with John Meyer, from SP Angel, to look at some of the real reasons there’s a fragile market. From China to the US, Europe, Russia, and the rest of the world as well as the BRIC nations, there are headwinds that all seem to be converging. What is confirmed is that the world needs more base metals, especially those that will ...