Tags » INDUSTRIAL METALS

Copper/Gold Spread: Almost Time To Prefer Redheads Over Blondes?!

Precious Metals and Industrial Metals Are Correlated

Although gold is considered to be a precious metal and copper is strictly an industrial metal, the two markets show a surprisingly strong correlation on the long-term timeframe. 626 more words

Spread Trade

Bitcoin is no longer the worst investment in the world

Great news for the bitcoin faithful. The crypto-currency, which crashed after reaching highs of over $1,100 late last year,  is no longer the absolute worst thing you could have bought this year. 138 more words

Why a collapse in copper prices is a worrying sign for China's financial system

Dr. Copper is looking ill.

Because copper is so widely used in industry, its price has a long-standing reputation as a gauge of global economic activity. 224 more words

Asian Stocks Rebound, Metals Gain

Industrial metals advanced, with copper rebounding from its lowest close since 2010, after Asian shares rose. The Swiss franc weakened while corn extended its biggest slump in more than three months. 78 more words

Stocks