Iron Man! Copper And Iron Futures Prices Decline As Global Growth Continues Slowing (Gold-Copper Ratio Similar To 10Y Treasury Yield)

Iron Man!

As a sign of continued slowing global growth, essential dry commodities like iron ore and copper have been declining since April/May of 2019.

ironcopper.png

The copper-gold ratio has shown a decline after peaking in June 2018.

goldcopperratio.png

The copper-gold chart looks similar to the 10Y US Treasury yield chart.

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Is the global economy paranoid about China-US trade and Brexit impacts?

 

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