Ratio of Copper vs. Gold Suggesting Anything about Global Risks, Future Path of Equities?
We’ve spent a lot of time recently pointing out how many different price-based indicators are sitting at extremes. The ratio of copper vs. gold, a barometer of sorts for global economic activity/fear levels/risk appetite, is no different. In the chart…...
Price Action Suggests Gold Miners in a Down-Trend/Bear Market; Next Stop ~15%-20% Lower?
There aren’t many places to hide these days. Short of bonds, the USD, staples, utilities and bio-techs, it’s tough to find favorable price action in much of anything. This is true too for the Gold Miners Index, presented on a monthly…...