I think copper is a better indicator of economic futures than oil - its not sensitive to middle east craziness. Like oil, its used throughout the economy.
“I think copper is a better indicator of economic futures than oil - its not sensitive to middle east craziness. Like oil, its used throughout the economy.”
Maybe ammo prices will fall now that the price of copper is down.
Nickel also - it's an industrial metal as well - and it's been tanking:
I was pushing a cheap, no-risk "investment" in small amounts, of the 5c piece as another inflation hedge, since the melt value at the time was about 6.5c. It's now at 4.9c, which tells me 1929 is right around the corner.