"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •23 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 944.40 | -1.30 | -0.14% |
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WTI Crude •3 hours | 77.16 | -1.12 | -1.43% |
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Gasoline •3 hours | 2.461 | -0.007 | -0.29% |
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Ethanol •23 days | 2.161 | +0.000 | +0.00% |
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Silver •23 days | 30.82 | +1.16 | +3.92% |
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Silver • 23 days | 30.82 | +1.16 | +3.92% | |
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Copper • 23 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 2 hours | 81.13 | -1.24 | -1.51% | |
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Natural Gas • 3 hours | 2.006 | -0.035 | -1.71% | |
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Heating Oil • 3 hours | 2.420 | -0.052 | -2.08% |
An economic slowdown in many…
Forever 21 filed for Chapter…
During the quarter there were…
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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