Dust flux, Vostok ice core

Dust flux, Vostok ice core
Two dimensional phase space reconstruction of dust flux from the Vostok core over the period 186-4 ka using the time derivative method. Dust flux on the x-axis, rate of change is on the y-axis. From Gipp (2001).

Saturday, April 11, 2015

Gold and copper rising together for the first time in a long while

I only point this out because the last time it happened was a good time to make money.

For this graph both metals are actually their price multiplied by the value of the US dollar index. This reflects the impact on metals prices for companies mining outside of the United States.

A lot of money was made through 2010 and the first half or so of 2011. It almost looks like the weakening in copper in mid-2011 could have been a warning sign for the overall sector. Possibly a lesson for next time.

For most of 2015, gold x USDX and copper x USDX have risen together (I am speaking of trends, not literally rising each and every week). Hopefully we'll have more than a year this time too.

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