"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •682 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,991.80 | -99.60 | -4.76% |
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WTI Crude •1 day | 105.42 | +4.25 | +4.20% |
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Gasoline •1 day | 3.702 | +0.096 | +2.67% |
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Ethanol •682 days | 2.161 | +0.000 | +0.00% |
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Silver •682 days | 30.82 | +1.16 | +3.92% |
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Silver • 682 days | 30.82 | +1.16 | +3.92% | |
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Copper • 682 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 109.26 | +3.54 | +3.35% | |
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Natural Gas • 1 day | 2.960 | +0.066 | +2.28% | |
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Heating Oil • 1 day | 4.053 | +0.148 | +3.78% |
The Economic Community of West…
It’s a mistake to view…
Stocks sold off last week…
We couldn't just have one "Chart of the Week" this week. We need two.
Figure 1. Copper/ weekly
Larger Image
Our bonus "Chart of the Week" is a weekly chart of copper, that metal with a Ph.D. in economics. Copper has closed below the 370 support level, and this is bearish. This is a reflection of global economic weakness. "Risk off" appears to be the predominant theme amongst various asset classes. Proceed with caution.
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