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.
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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