Updated
Future of Copper
Whatever you do, don't follow my rookie newbie advice.
This is the future of copper I think. Long term price will go down. It will probably be triggered when it breaks out of the small bullish Fibonacci circle set.
I call the the strange patterns OccultmMgnetism™, visit occultmagnetism.com to read about it.
This is the future of copper I think. Long term price will go down. It will probably be triggered when it breaks out of the small bullish Fibonacci circle set.
I call the the strange patterns OccultmMgnetism™, visit occultmagnetism.com to read about it.
Note
Leaving small Fib. outer ring. Crashing...Article in zerohedge today. zerohedge.com/news/2017-12-05/drcopper-plunges-3-month-lows-global-growth-narrative-stumbles
Get the f*ck into PHYSICAL silver NOW if you aren't allready. a large percentage of silver production every year is a residue of cupper mining process. This is why it's important to keep copper prices high - to keep the minging output high. This goes hand in hand in pretending that the world economy is all fine, because Dr. copper falling is a bearish signal. mining.com/byproduct-of-metal-price-meltdown-is-a-higher-silver-price/
Note
Now to think about it - this is probably why zinc prices are high also. China pukes out seemingly unlimited amounts of steel, that needs zinc because of the electrogalvanization process. (Zinc mining produces silver as a residue)Note
Touching outer ring smoothly. Getting ready for a drop Q1 or Q2 2018 by the looks of it.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.