welcome everybody to another metal Monday how you doing Brett I’m good man happy belated one day late Father’s Day likewise both in uni the others so we got to celebrate today yesterday relaxing yeah it was I did that’s what I did is a great day yeah same here I know ate some good food and now we’re back on the grind you know and this morning like I do every morning I wake up check my phone I saw copper was up another four cents yeah yeah on the LME couple cents on the Comex now and I think that I feels like it’s going in the right direction it’s definitely interesting market but I still holding firm we’re gonna see 285 copper in the next couple months yeah that’s what I asked my good that’s what I feel that’s what you know like I Pete kind of feels that way too that we talked to you know I think Friday went up a few more cents – yeah that was off early in the week and then I came back you know what I’d like to see though when the stock market was off this morning
mm-hmm and cotton the metals were uh which obviously is dollar strength and there’s some other things going on but when the market comes off and the metals hold firm then I think that bodes well because I just from a even if the stock market is say priced too high today if we do get some leveling off or you know some contraction then hopefully the base metals will hang tight yeah I think that’s that’s what we that’s what we need it on in our industry for sure so I downloaded the daily AMM this morning just glanced at it I noticed that there’s article aluminum had a good decent week for aluminum on the demand side and seems like there’s more demand for scrap aluminum packages and and then the production side they to increase by 10 to 20 percent yeah so they all kind of you know in the long term on the bullet side yeah yeah that’s that’s big I mean that’s gonna help us there’s a lot of inventory to flush out of the system but hmm you know what I feels like you know some of these export countries are starting
to be a little more aggressive buying material so there’s definitely demand out there you know the pricing will eventually come along on the aluminum side I think but I think you know your gold silver platinum palladium rhodium all had a pretty good day today and yeah I think is the dollar it’s a little bit weaker which seems to be the trend and I think is going to be the trend here the next little little bit of time and you know longer you know the longer term say year to two then that’s usually when the commodities guys benefit so yeah any insight to iron yet next week will be closer did anybody talk positive or negative but I think that there’s there’s demand out there for the material mm-hmm but I haven’t really heard anybody you know saying how bad they wanted or how bad the price is gonna come off either so I think my gut says you know sideways to up I don’t see a big down market coming anytime like that could change but I don’t see that in our future well hopefully next week we might have a little more
clarity on where it’s gonna go and then obviously the week after the 4th and we’ll really know so alright thanks Brett yep take care guys have a great week