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<p>[QUOTE="InfleXion, post: 1676599, member: 29012"]Copper is often referred to as "Dr. Copper" for good reason. It is one of the best leading indicators for the economy as a solely industrial metal that is required in large quantities for construction. Falling copper prices do not bode well at this point. </p><p><br /></p><p>There is not a lot of correlation with copper and precious metals. Copper is not so precious. Silver as a dual role monetary and industrial metal has some correlation, but history shows that when given a divergence between copper and gold that silver will follow gold over copper.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1676599, member: 29012"]Copper is often referred to as "Dr. Copper" for good reason. It is one of the best leading indicators for the economy as a solely industrial metal that is required in large quantities for construction. Falling copper prices do not bode well at this point. There is not a lot of correlation with copper and precious metals. Copper is not so precious. Silver as a dual role monetary and industrial metal has some correlation, but history shows that when given a divergence between copper and gold that silver will follow gold over copper.[/QUOTE]
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