Doctor Copper

I’m queuing off the price of Copper at the moment, as it’s approaching a support line, whether it makes a recent ‘lower low’ and changes the direction of its trend (on a daily basis).

Here is a chart overlaying the Copper/Gold Ratio, the price of WTI Crude Oil and the U.S. 10 year bond yield.

If you throw in some currencies, the CRB Index, the S&P 500 or Gold and these pictures become quite informative.

April 7, 2022

by Rob Zdravevski

rob@karriasset.com.au