AVB 0.00% 16.5¢ avanco resources limited

I have come up with a GOLD/COPPER chart that is very easy to...

  1. 10,191 Posts.
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    I have come up with a GOLD/COPPER chart that is very easy to view, it took me a while to make it, but looks like the copper prices DOES track gold sometimes, but not always in 2012-2013 it did, but as you can there is a recent divergence, with gold going up and copper staying down, but its good to know if gold really fires up, copper should do the same, as when the US$ weakens, metals usually go up, copper should too, even though its an industrial metal, but its still a hard asset, if the global economy collapses id rather own a copper mine, than be sitting on worthless US$ notes no one wants. I put in a 25 yr gold/copper chart too below, in 2006-2007 when gold spiked, copper really didn't, it went up but not a lot, but in 2010-2012 when gold spiked, COPPER SPIKED AS WELL.
    untitled.png gold copper 25yrs.png
 
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