Tag: copper

As they ride off to their respective gatherings let’s get an update from the metallic macro Amigos. The counter cyclical Amigo has existed outside of

First off, if I am a precious metals bear I am just a bit taken aback that my post about the short-term bear flags in

A fairly well known man who stares at charts (and usually predicts macro doom) in the gold “community” has suddenly seen positives going on in

The cyclical Amigo, the counter-cyclical Amigo and the cross dresser Amigo. A weekly chart works best to make the point that copper is still struggling

The 3 metals that I think will most inform the coming macro are shown here on weekly futures charts (click the charts for a fuller,

Weekly futures charts of Doctor Copper, Stodgy old man Gold and his wild little bro, Silver. Copper is still perched at absolutely critical support. Yesterday’s

Here are the daily and weekly futures charts for each Amigo (the cyclical Amigo, the counter-cyclical Amigo and the cross-dresser Amigo). We review these metals

Copper found resistance at the 200 day average and the first shelf of lateral resistance. RSI seems to be marching in a stair-step uptrend on

When last we left the 3 Metallic Amigos… I can’t remember the detailed individual statuses and am too busy to go read the post. They

Gold is the star performer these days, as the entire world by now knows. But if the world is knee jerking into gold to any