Copper/Gold Ratio is Not Bullish Despite the Bounce

It’s not me saying that. If this party goes full on punch bowl, so be it. But the daily chart of the Copper/Gold ratio says easy now casino patrons and party goers. It’s a relief bounce in a downtrend.

copper/gold ratio

The weekly chart? Same message.

copper/gold ratio

And despite what Trump touts, this process of negative economic signaling has been in play since well before the Coronavirus reared its ugly head.

tyx

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