dinsdag 10 april 2012

Copper VS. S&P

Let's bring to mind the amazing correlation between the price of copper and the S&P. When copper rises, the S&P rises and vice versa.

Financials will always be vulnerable and could crash like in 2008, bringing down copper. But don't forget Ben Bernanke. I predict he will initiate QE3 when the stock market falls 10%.

Chart 1: Copper VS. S&P

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