Industrial metals are attempting to break their relative downtrend versus precious metals; that has historically been good news for the economy and stocks. There are…
Tagged $JJM
Heavy Metals Sending A Warning To Economy, Markets?
The prices of industrial metals have dropped to a near-record low level relative to precious metals, a trend that has had larger negative consequences in…
“Dr. Copper” Back On Life Support
Back on January 14, in the midst of the deflationary spiral in commodity prices, we wrote a post titled “Dr. Copper Positioned For Rebound…Or Collapse”. At…
Economically Key Industrial Metals Complex Breaking Down?
On March 5, we noted that the S&P GSCI Industrial Metals Index was “Hanging On The Precipice” of a major long-term support level. At the time,…
Economically Key Industrial Metals Space Hanging On Precipice
The theme of many of our posts and Charts Of The Day during this 1st quarter has revolved around the “D-Word”: Deflation. Whether it’s financial…