Base metals prices rallied on global market optimism and reports of increased Chinese bond sales. The LMEX Index, despite being down 8% this quarter due to concerns about Chinese demand, saw gains across nickel, zinc, aluminum, and copper. China’s potential record 3 trillion yuan special treasury bond issuance for 2025 aims to stimulate its slowing economy. Meanwhile, positive US economic data has rekindled hopes for Federal Reserve easing, further supporting commodity prices.

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What Is a Wealth Cycle? Price vs. Value Explained
Most investors watch prices. Smart investors watch value. Learn what a wealth cycle is, how the Dow-to-gold ratio reveals it, and why the difference between price and value is the foundation of real wealth-building.




