Copper/Gold Ratio… Reflationists Avert Your Eyes

The reflation is failing says this “metallic credit spread” as the copper price appears to be breaking down vs. the gold price. All of this within the context of a major downtrend (declining SMA 200) that was in place the whole time.

copper gold ratio

An end of summer 2020 price increase is coming. Subscribe to the value-priced NFTRH now to lock in the current rate for the life of your subscription! Current subscribers will never see an increase and have never seen increases since the service began in 2008.

NFTRH Premium (monthly at USD $35.00 or a discounted yearly at USD $365.00) for an in-depth weekly market report, interim market updates and NFTRH+ chart and trade setup ideas. You can also keep up to date with actionable public content at by using the email form on the right sidebar. Follow via Twitter @NFTRHgt.