Before a correction late last week, iron ore prices popped 10% in a short amount of time. Iron Ore Turns ‘Very Hot’ as 10% Surge Adds to Commodities Boom https://finance.yahoo.com/news/iron-ore-turns-very-very-005238899.html Copper prices are near an all time high and copper has rallied from $2.33/lb in mid May 2020 up to $4.65/lb as of the recording of this video. Track the copper price here: https://www.nasdaq.com/market-activity/commodities/hg%3acmx The copper to gold ratio (not the gold to copper ratio which Aaron Basile talked about in yesterday's video) is showing that copper prices are going parabolic relative to gold prices. This means that gold is very undervalued (and a better bargain) relative to copper. Track the copper to gold ratio here: https://www.longtermtrends.net/copper-gold-ratio/ What can stop copper, iron ore and other base metal prices from rising? Chinese credit contracting, demand in China collapsing or more mine supply coming online are the main reasons that this new bull market in base metals could stop. What Can China Do to Control Record Commodity Prices? https://finance.yahoo.com/news/china-control-record-commodity-prices-085414093.html Metals Rally Falters With China Cracking Down on Steel Sector https://finance.yahoo.com/news/metals-rally-falters-china-cracking-103739396.html Costs For Chinese Manufacturers Are Rising In Large Part Due To Higher Commodity Prices: 1) Inflation re-cycling: Chinese exporters pass higher costs on to customers around the world https://wtvbam.com/2021/05/14/inflation-re-cycling-chinese-exporters-pass-higher-costs-on-to-customers-around-the-world 2) China’s factory-gate prices surge by most in over 3 years https://www.cnbc.com/2021/05/11/china-ppi-cpi-for-april-2021.html Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy http://www.patreon.com/wallstformainst​ Please visit the Wall St for Main St website here: http://www.wallstformainst.com/​​​​​​ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt You can also checkout the Wall St for Main St Facebook Fanpage at http://www.facebook.com/WallStforMainSt.​ or the Wall St for Main St Facebook Group where you can learn and join in on the conversation! If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website or through Paypal. Send one time donations to our Paypal to the email address: [email protected] Donate Crypto Currency to WS4MS: Send Bitcoin to: 1N5iDrazojYX5rWxmoyp982RDXJzJrFoPC Send Ethereum (ETH) to: 0x748dD59fA5d5dF80E8C0038DD4F60DAb810fe61a Send Litecoin to: MW7g44j5FX9CYEkvfPvxsW5dFjHY84yup4 Send DASH to: XuEEhWptwf1XxP2nFYQxmBfBBJYehqRoBJ Send Zcash (ZEC) to: t1MGcxyWpiH6JeyF9nnWHw9poRpvTW4PT6S Send Bitcoin Cash (BCH) to: qr7mp7f053rwnpxalxljl3f9x5tulzv53ya88d7wch Wall St for Main St is also available for personalized investor education and paid research work (we write research reports and teach). Please email us to learn more about the research work we offer at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**