Adapt to Prevail: The Guerrilla Strategy

Experiences shape responses to challenges. Historical context suggests that leaders like Xi Jinping, influenced by guerrilla warfare strategies from Mao's era, might adopt tactical retreats against external pressures like the US, only to pursue aggressively when conditions are favorable. Current market dynamics, particularly in copper and other industrial metals, reflect broader economic sentiments. If one believes in an impending global recession, owning copper becomes irrational due to expected declines in construction and demand; however, an optimistic outlook focused on growth stimuli in China and emerging markets could present current market dips as strategic buying opportunities. The essence lies in interpreting these signals correctly, determining whether to brace for downturns or seize growth potentials.