What Is Copper Telling Us?
Commodities / Copper Mar 03, 2016 - 04:53 PM GMTBy: Dudley_Baker
	
	
I  am going to keep this piece, short and sweet as I believe the charts below will  speak volumes about where we are in these markets and more importantly, where  we are heading.
The world seems to be on the verge of a meltdown but, if so, why are some of the commodities telling a different story?
Copper
Copper has been on our watch list for sometime now as it  is a leading indicator of economic investment and strength and with the  recent upside breakout on March 2 all we can say is that copper is trying to  tell us something.

Crude Oil
 As well crude oil has found a bottom and heading  higher and we are sitting at overhead resistance of $35 and looking good.

Gold
Of course we are biased as we are serious investors in  the precious metals, but gold also is trying to tell us something as we are on  the verge of breaking to the upside out of this triangle formation (see below)  and heading to the $1400 area. Gold seems to be sensing some monetary panic is  coming from Central Bankers.

I am highly bullish on the precious metals sector, the common shares and stock warrants. If you are interested in learning more about my services please join me at http://commonstockwarrants.com/.
  Dudley Pierce Baker
  Founder – Editor
  Guadalajara – Ajijic, Mexico
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