Thursday, June 7, 2012

Copper priced in Gold..

Copper which is an ancient hard money (was diluted in the form of bronze mostly) when priced in another hard money asset gold appears to be in a position to out perform.  Copper also has the benefit of being a war metal (shell casing, ammo etc) and might also prove to be better than silver in terms of  a form of poor man's savings and less likely to be manipulated by central bankers, or suffer any unforeseen taxes that might come down the pike as the banksters begin to lose control of fiat.  The chart below is Copper priced in Gold and suggests it has room to rise back in line with it's monetary cousin.

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