My younger brother's judgment on commodity prices is actually quite different from the mainstream in the community; because he knows some raw material suppliers, he directly calls them to ask about their selling prices.

For example, when the copper price was over 90,000 that day, I called, and the selling price was over 100,000, so I bottom-fished at 185 for $Southern Copper(SCCO.US); so it's quite normal for it to be above 200.

As for lithium, the current allocation price is usually 150,000 to 160,000, so now at 140,000+, I think it might even have more upside than copper, so I bought $Albemarle(ALB.US); I think there's a high probability it could break 190 or so.

Some people asked about Freeport before—actually, the copper mines are in Indonesia. For those mines, my younger brother has a big brother who developed mines for several international companies in the area. I don’t really want to invest in things I know too well; I still prefer to challenge myself 🐭