Doctor Copper’s House Call At 150 Misery Lane

More and more it looks like our long-term target for Copper is going to come about. That is and has for years now, been a buck 50 a pound. That level, which has seemed coded into what eventually became a global deflationary situation, could be the house call needed for players to finally anticipate an ‘inflation trade’ bounce or cyclical bull market.

copper monthly chart

 

Along with this hysterical bottom in the inflation trade (top in deflation) we’d expect to see things like Silver start to out perform Gold (Gold-Silver ratio has higher to go along with Uncle Buck, first) Palladium and Platinum shore up, Agriculture to bottom and of course, Energy as well. Very interesting times out ahead; maybe weeks, maybe months still. But coming. Cu 1.50 awaits.

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