It is unlikely that President Donald Trump would be defeated at the November 2020 presidential election, said Mickey Fulp of the Mercenary Geologist, but should that happen, copper and other base metals would take a hit.
"If Trump is defeated, I think that would be negative for the base metals because a president that will come in on the Democratic side is not going to lean on China the way that many Americans think that they should be leaned on in terms of trade," Fulp told Kitco News on the sidelines of the Vancouver Resource Investment Conference.
Michael S. "Mickey" Fulp is a Certified Professional Geologist with over 29 years experience as an exploration geologist searching for economic deposits of base and precious metals, industrial minerals, coal, uranium, and water in North and South America and China. Mickey has worked for junior explorers, major mining companies, private companies, and investors as a consulting economic geologist for the past 20 years, specializing in geological mapping and property evaluation. Mickey is respected throughout the mining and exploration community due to his ongoing work as an analyst for public and private companies, investment funds, newsletter and website writers, private investors, and investment brokers.