[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![RMSGarey Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2891603746.png) My Info [@RMSGarey](/creator/twitter/RMSGarey) on x XXX followers
Created: 2025-07-23 15:43:24 UTC

@RealJohnGaltFla A Comex $HG chart is wildly misleading from a fundamentals perspective. 

- US Cu demand is actually <2010 levels

- The Comex rally is purely tariff driven.

- LME Cu contract is trading at -$1.40 spread to Comex. Reflects market participants expecting XX% tariff.

Cont’d


XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948046294557069811/c:line.svg)

**Related Topics**
[tariffs](/topic/tariffs)
[$hg](/topic/$hg)

[Post Link](https://x.com/RMSGarey/status/1948046294557069811)