“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
The Last Inflation Indication
The top chart shows the point & figure bullish price objective for copper remains stubbornly at $8.25 per pound. This target has not changed for almost one full year. Perhaps we'll see a bounce on the lower chart soon - around the $3.25 - $3.33 level. Are those Chinese hog farmers still hoarding the red metal?