Tag Archives: copper

In a pivotal move towards bolstering the supply chain security for clean energy technologies, the U.S. Department of Energy has released its much-anticipated 2023 Critical Materials Assessment. Among the materials deemed critical are aluminum, cobalt, copper, dysprosium, and various types of steel and metals like gallium, iridium, lithium, and magnesium.

Here's an updated analysis of physical gold, silver, platinum and copper regarding their respective versatility of use, durability, fungibility, store of value, liquidity and aesthetics.

This article looks at physical gold, silver, platinum and copper regarding their respective versatility of use, durability, fungibility, store of value, liquidity and aesthetics which will yield a new perspective on precious metals (including copper).

Most people don’t realize is just how closely some currencies track certain commodities - specifically oil, copper and iron ore. Below are 5 world currencies that...[have significant correlation to such commodity prices].

Is this economic recovery real? Well, if you base your observations on how far the Dow has risen since the financial crisis of 2008-2009, the answer would be a yes. However, if you do just a little cursory digging you will notice that this economic recovery is nothing but a grand illusion. The following 8 factors clearly prove that this recovery is not real.

Commodities as an asset class look like a great bet for 2016, especially with so many dangers lurking in both the stock and bond markets, and an allocation of 20-35% as part of a broader portfolio may be sensible.

Because we know the trend is down, there is no guesswork about trading from the long side in paper gold. There is no need to “predict” the price direction. Just wait for more information that buyers are beginning to increase (which they are not, so far), and then have a strategy for buying in a changing up trend. Presently, there is no evidence of a change to an up trend, so wait for confirmation and keep one’s powder dry.

I have to admit, this is a very hard call to make and I could easily be wrong...but I am courageously sticking my neck out here and stating that we have most likely seen the lows for the broad metals & mining sector.

Copper has just met the lower resistance line of its descending triangle pattern and should it break through that resistance the price for copper could fall like a stone. That, in turn, would have a MAJOR "watch out below" impact on the future level of the S&P 500. Let me explain.

Dr. Copper, as it is affectionately known, has been a longstanding barometer of economic growth and historically has shown a high positive correlation to the S&P 500. However, over the past several quarters there has been an increasingly large disconnect between the performance of major indices and the price of copper. With copper hitting YTD lows it suggests that there is less demand and that growth is slowing down and this, in turn, forecasts lower levels for the S&P 500. Words: 420