Let's recall that during the August 2015 plunge (swoon), smackdown, there were many woes, one of which was the price of Copper at $5,000 /ton!! Oil was at 40 (and barely above that now. Gold at USD 1,128 ( considered bad news), and China just devalued.
See my WSJ image below which I bought as a souvenir of the week (yes, I've posted it before).
I just looked now, Copper is USD 4,810, and we know where oil and gold are (oil much the same, and gold up). China keeps devaluing. Little has changed. except that there has been no crash.
"Same as if you said it was 10pm every minute of every day, you'd be right one minute per day"
Correct, and I hate to be pedantic, but I think the conventional expression is:
"Even a broken watch is right twice a day"
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