On Black Friday Doctor Copper goes green and finally pokes through the cyclical bull gateway of 3.32. Here is the weekly chart for a view of the 2017 high of…
The Copper price is at the cyclical bull gateway So the play has been cyclical for months now. Gold and silver have needed to take a break after the angst-ridden…
Well, on the short-term at least copper is still trouncing gold as the ratio ticks a new recovery high today. The long-term is not so impressive. So whee! We're on…
Doc's advice is not to let your anxiety reach unhealthy levels. Doc says "take a deep breath, relax". That's what Doc says today. He's been known to flip prescriptions, however.…
The Copper/Gold ratio is saying something. That something is that a cyclical, pro-inflation and thus pro-economic reflation metal shown earlier, remaining nominally positive on a down market day has, in…
This is the good Doctor's advice: "Take a look at this chart, rest easy and call me in the morning." Now, is he a quack or a reputable macro physician?…
With the caveat that it's the noisiest, most policy-diddled market I can remember, all we can do is go by what is, and what is... is bullish market trends and…
A subscriber wanted to know what I think about Doctor Copper's drop today. I have been in and out of my office and when looking for news I was thinking…
The Doctor called and he has good news for reflation-minded casino patrons. The important $3/lb. level has been taken out (daily chart) by this asset that is emblematic of a…
Note: I'll be out much of the day (I think). Meanwhile, here's a look at one of the key asset markets for the reflating macro. The daily chart of the…
This morning the copper price has ticked a new recovery high after successfully testing the 50 day moving average. It has tentatively poked through the round number resistance at 3.…
Here's the chart of a still concerning indicator for the global reflation trades. The major trend is and has been down in the Copper/Gold ratio. It bounced back earlier in…
The TSX-V index made a new recovery high yesterday, yet the Copper/Gold ratio is breaking down. Here's the view as of this morning's pre-market. While the Silver/Gold ratio goes on…
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…