gunDriller
9th March 2014, 10:59 AM
http://www.kitconet.com/charts/metals/base/spot-copper-5y-Large.gif
Copper is revisiting its lows last seen around August 2010.
http://www.kitconet.com/charts/metals/base/t24_cp450x275.gif
Silver often tracks with copper.
Copper near a 3 1/2 year low $3.08 or whatever, it dipped into the $2's during Friday trading. Related to liquidity problems at some big Chinese industrial plant.
But Gold having considerable upside pressures ... Ukraine and all.
Silver sort of caught in the middle. Gold Silver Ratio @ 64+.
I think Doctor Copper is saying, 'back up the truck'.
Copper is revisiting its lows last seen around August 2010.
http://www.kitconet.com/charts/metals/base/t24_cp450x275.gif
Silver often tracks with copper.
Copper near a 3 1/2 year low $3.08 or whatever, it dipped into the $2's during Friday trading. Related to liquidity problems at some big Chinese industrial plant.
But Gold having considerable upside pressures ... Ukraine and all.
Silver sort of caught in the middle. Gold Silver Ratio @ 64+.
I think Doctor Copper is saying, 'back up the truck'.