Copper prices are going parabolic relative to gold prices. This means that gold is very…
Before a correction late last week, iron ore prices popped 10% in a short amount of time.
Copper prices are near an all time high and copper has rallied from $2.33/lb in mid May 2020 up to $4.65/lb as of the recording of this video.
The copper to gold ratio (not the gold to copper ratio which Aaron Basile talked about in yesterday’s video) is showing that copper prices are going parabolic relative to gold prices. This means that gold is very undervalued (and a better bargain) relative to copper.
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