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The Copper Gold Ratio is Sending a Massive Warning to the Economy (here's what that means)
Episode 833

The Copper Gold Ratio is Sending a Massive Warning to the Economy (here's what that means)

Eurodollar University

July 19, 202418m 5s

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Show Notes

In the midst of other major warnings, here comes another substantial one. Copper has moved way past its supply squeezed record high from just two months ago and is now crashing. At the same time, gold is reaching new heights. The copper to gold ratio therefore just dropped to its lowest since...November 2020. Taking a deeper look at what all this means. 

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Bloomberg China’s Unusually Large Copper Stockpiles Fuel Demand Concerns
https://www.bloomberg.com/news/articles/2024-06-05/china-s-unusually-large-copper-stockpiles-fuel-demand-concerns

Bloomberg Gold Slips From Record High as Traders Ponder Bet on Fed Pivot
https://www.bloomberg.com/news/articles/2024-07-17/gold-holds-at-record-high-as-rate-cut-bets-fuel-demand-rush

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Topics

Eurodollar UniversityJeff SniderMonetary OrderCentral BanksAlhambra InvestmentsInflationDeflationEconomyDepressionRecession