Out of Bounds wrote:Copper, is the rise due to industrial demand or commodity inflation? ...So adjust for GOLD to mitigate commodity inflation [WEEKLY]
...[DAILY]...But what if the chart is distorted by a gold bubble? Use the Swiss Franc of course!...
Conclusion: Copper prices are not yet due to increases in industrial demand and are up totally due to inflation in commodities.
VERY COOL thanks I need 2 study those more later
here’s another one I use. If copper demand is for real, then the biggest copper consumer (china) and the biggest copper producing countries (the others) should be healthy.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Out of Bounds wrote:Copper, is the rise due to industrial demand or commodity inflation? ...So adjust for GOLD to mitigate commodity inflation [WEEKLY]
...[DAILY]...But what if the chart is distorted by a gold bubble? Use the Swiss Franc of course!...
Conclusion: Copper prices are not yet due to increases in industrial demand and are up totally due to inflation in commodities.
VERY COOL thanks I need 2 study those more later
here’s another one I use. If copper demand is for real, then the biggest copper consumer (china) and the biggest copper producing countries (the others) should be healthy.
support. 30 min to announcement, so let's wait for the show.
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No matter what, I guess gas will re-visit 3.5 this year. but it is hard to touch $4.. If gas above 3 dollars, industry will turn to another cheap resource.
Me XMan wrote:If more QE, gas will pop over $4. Inflation on foods and energies IMO.
John Corzine the MF Global is good example, how he was so confidence that the government can and will be success in saving Euro. when Greek failed so is John. so be careful to bet on Bernake the uncle.
Last edited by BullBear52x on Thu Sep 13, 2012 12:14 pm, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
You mean ethanol? Cheap? Gasoline is at $3.98 in Minneapolis, MN now.
sniffer wrote:No matter what, I guess gas will re-visit 3.5 this year. but it is hard to touch $4.. If gas above 3 dollars, industry will turn to another cheap resource.
Break of red line will cause waterfall, but very volatile!
Last edited by KeiZai on Thu Sep 13, 2012 12:19 pm, edited 1 time in total.
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
Me XMan wrote:If more QE, gas will pop over $4. Inflation on foods and energies IMO.
John Corzine the MF Global is good example, how he was so confidence that the government can and will be success in saving Euro. when Greek failed so is John. so be careful to bet on Bernake the uncle.
I'm actually betting that no matter what happens, the market will be disappointed. Full short.