Doctor Copper has the prescription...

Now, will it be filled?  The Cu-Au ratio is still well below important resistance, so the deflationary scenario is still on the table.  Importantly, nominal (stand-alone) copper is at a make or break point where it can do something very important, as we explored last weekend in NFTRH103.  The condition, as things currently stand has only intensified as of this morning.

Remember, we have both inflation and deflation (not to mention their respective cheerleaders) tugging and pulling at each other all the time.  It's the way the system works.  Hey, I think I just got an idea for the next post.