Archive for the ‘copper gold silver oil bonds dollar gibson’s paradox precious metals ratio’ Tag

Predicting Copper & the Importance of the Gold/Copper Ratio

I want to continue with the copper theme here, but let’s briefly recap where we have been over the last few days. We originally suggested a way of forecasting oil movements and prices, with Kevin Klombies’s copper/oil ratio playing the primary role. Based on this and techniques I have developed, we came to the tentative conclusion that oil would hit $150 within the next 15 months, and that this oil spike would bring a massive stock market rally to a conclusion and then provoke a resurgence in gold (which we predicted would soften until some time around the 2012 US elections). Continue reading