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In the midst of other major warnings, here comes another substantial one. Copper has moved way past its supply squeezed record high from just two months ago and is now crashing. At the same time, gold is reaching new heights. The copper to gold ratio therefore just dropped to its lowest since...November 2020. Taking a deeper look at what all this means. Eurodollar University's Money & Macro Analysis EURODOLLAR UNIVERSITY'S LIVESTREAM NEXT TUESDAY, 7/23 btw 6 - 8 pm ET EURODOLLAR UNIVERSITY'S ANNIVERSARY SALE: https://www.eurodollar.university Bloomberg China’s Unusually Large Copper Stockpiles Fuel Demand Concerns https://www.bloomberg.com/news/articles/2024-06-05/china-s-unusually-large-copper-stockpiles-fuel-demand-concerns Bloomberg Gold Slips From Record High as Traders Ponder Bet on Fed Pivot https://www.bloomberg.com/news/articles/2024-07-17/gold-holds-at-record-high-as-rate-cut-bets-fuel-demand-rush https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU |