Alf – Twitter, Released on 11/28/22

Copper is a bellwether for the global economy: it does well when industrial activity is strong.

Gold is a precious metal which is considered a form of money: it does well when people look for hedges for lower real rates.

The Copper/Gold ratio suggests weaker growth ahead. pic.twitter.com/qpTWDcRrYK

— Alf (@MacroAlf) November 28, 2022