By Cory
Let’s Take A Look At Copper To The USD
We have been looking at the relationship between gold and the USD but in this segment we shift focus and compare the movements in copper to the USD. Craig Hemke and I look at the charts below back 3 years when copper broke down and the USD made a major bull move. If we are seeing the inverse of this with copper moving up then the thoughts of any sustained bounce in the dollar should be reconsidered.
Click here to visit Craig’s site for more metals focused commentary.
Download audio file (2017_10_19-Craig-Hemke.mp3)
Short Term USD – Head and Shoulders
Long Term Copper
Long Term USD
Source:: The Korelin Economics Report
The post Craig Hemke from TF Metals Report – Thu 19 Oct, 2017 appeared first on Junior Mining Analyst.