It is believed copper is the metal that has a Ph.D in economics because it’s a raw material in many products, so the price of copper, dictated by the supply and demand, is a good indication of where the economy is and is heading. The higher the copper price, the stronger the economy; the weaker the copper price, the weaker the economy. In this video I discuss why this isn’t always true and why you should not use the current divergence as a reason to dump all your longs.
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as usual…good stuff jason…thanks for the insight !!!
Nice work Jason.
This bull is getting stale and there will at some point be a correction.
Buy Copper, Sell S&P