Posts Tagged ‘copper’
Now Is Not the Time to Be Greedy
With a PhD in economics, “Dr. Copper” is widely followed as an important economic barometer. Demand for Copper is known to foreshadow things to come. And in an ominous sign, Copper is breaking down. One method to visualize this breakdown is through a simple Relative Strength comparison. Check out this chart comparing the Relative Strength…
Read MoreCopper Prices Soar to New High as Stockpiles Hit 47-Year Low
Copper is the cheat code for spotting improving global growth. The story goes, as goes demand for Copper, so too goes global economic growth. That’s because historically, Copper has been a great leading economic indicator critical to the global growth narrative. When Copper prices fall, it’s a sign that global growth is waning… But when…
Read More