Friday, August 07, 2020 2:35:12 PM
Dollar is up (altho not a LOT) yet.....against the loonie too.....
This here is copper down four percent (on a Friday) ......and it might be just like them to drop it another 3 % on Monday .....
Given its' giant-sized 6 month run (plus see Chart 3 below)
.
DURING EACH AND EVERY RECESSION COPPER CERTAINLY DID TANK !......
SUDDENLY THAT'S NOW AT 2.75
Whole lot of gold stocks down 3-6 % today - This is a Precious Metals ETF - Check out GDX and GDXJ
Compare with Chart 1 above
Meanstwhile on the SPY one can almost HEAR Powells' brrrrrrrr machine !.....Last 333.33
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