Queuing off the Copper/Gold ratio for Interest Rates
March 16, 2023 Leave a comment
The Copper/Gold Ratio is touching the lower end of 2.5 standard deviations below its weekly mean.
Probability suggests in the near-term shorter term interest rates rise.
If yields rise, that means bond prices fall.
That implies a ‘long’ trap.
i.e. be careful buying bonds at these ‘shorter’ extremes.
March 16, 2023
by Rob Zdravevski
rob@karriasset.com.au
rob zdravevski's blog 