Tariffs, Chaos, and Gold & Copper Outlook Implications

From goldpriceforecast.com

Citigroup has reversed its previous bearish stance ($8,500/ton prediction) to now forecast copper reaching $10,000/ton within three months. Their reasoning? "Ex-US physical market tightening is likely to persist through to May/June, temporarily offsetting price headwinds from broader US tariff announcements." However, this analysis overlooks a key pattern I've repeatedly identified in my previous analyses: tariff announcements create predictable, temporary, and ultimately misleading market reactions that are quickly reversed. In my March 5th analysis, I detailed extensively how tariff announcements ... (full story)