SentimentEdge report

Jason Goepfert

10-21-2020 at 11:30 am

The ratio of gold to copper shows returning risk appetite

For the first time in well over a year, the ratio of gold to copper has dropped to a 6-month low. This suggests that traders see more value in economic growth (copper) than safety (gold). After other times the ratio hit a 6-month low, stocks did okay, while bonds, and the metals themselves, tended to drop.

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