The Copper/Gold ratio is at an epic decision point

Copper/Gold ratio teases cyclical inflation bulls and bears alike, but… …it’s going to break one way or the other soon enough. If you value gold’s standing in relation to industrial metals as a key market/financial/economic indicator as I do, then you view the ongoing consolidation in the copper price to the gold price as a key indicator (among several NFTRH tools) going forward. I cannot … Continue reading The Copper/Gold ratio is at an epic decision point

NFTRH+; Silver/Gold & Copper/Gold Ratios, and… Words Aplenty

Very strange indeed. One is smashing resistance and flashing ‘reflation on’ (among other potential things) and the other is saying err, no. When I first started managing the Silver/Gold ratio intensely for you it was way down at the lower green shaded support zone. Never did I think it was going to unleash with the fury it has. The dashed horizontal green line was my … Continue reading NFTRH+; Silver/Gold & Copper/Gold Ratios, and… Words Aplenty

Copper/Gold Ratio

The Copper/Gold ratio has been easing since it dinged and dropped from the down trending 200 day moving average. In other words, for now Cu/Au has held its long-term downtrend intact but not yet aborted its post-March uptrend. All you happy macro reflation types had better be cheering for the good Doctor over the dour old man. We can see that in slipping below the … Continue reading Copper/Gold Ratio