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Willem Middelkoop: Plunge Protection Team acts to support Wall Street Friday close

Willem Middelkoop: Plunge Protection Team acts to support Wall Street Friday close
Plunge Protection Team supports Wall Street close

Willem Middelkoop, founder and commodity fund manager at Commodity Discovery Fund, said the Plunge Protection Team is working to ensure a positive Friday close on Wall Street.

He added that another wave of (tech) selling is expected next week.

Middelkoop has recently highlighted other developments in the commodities sector. He pointed to a 12.7% year-over-year decline in South African mining production in August 2026, citing sharp drops in PGMs, iron ore, and coal. Earlier this year, Middelkoop reported on Valcambi’s plans to open its first gold refining facility outside Switzerland in Hong Kong.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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