Gold/Copper Ratio Ticks a New High

Founder & Editor @ NFTRH.com
July 17, 2024

The Gold/Copper ratio is hitting a new high in its recovery rally this morning

The Gold/Copper ratio sets a metal with a primary utility of providing long-term monetary value and stability against a metal that is reflective of industrial/cyclical progress.

As the economy oh so slowly weakens, gold would be expected to continue to out-perform. I felt at the time that the plunge in the Gold/Copper ratio into the May low was a last impulse against the forces of economic contraction and now with the ratio rising again, looking to reestablish its uptrend, the signaling is disinflationary and counter-cyclical. Right now the market is still trying to hang a “Goldilocks” label on the situation. Later, the plan has called for pleasant disinflation to morph to unpleasantly deflationary.

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Gary Tanashian is founder and editor of the popular Notes from the Rabbit Hole (NFTRH). Gary successfully owned and operated a progressive medical component manufacturing company for 21 years, keeping the company’s fundamentals in alignment with global economic realities through various economic cycles. The natural progression from this experience is an understanding of and appreciation for global macro-economics as it relates to individual markets and sectors.


The naturally occurring gold-silver alloy is called electrum.
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