Au-Cu Ratio

Gold vs. Doctor Copper has consolidated since the theatrics of the euro crisis.  I believe Au-Cu is simply in consolidation before turning higher.  That is because I don't believe the growth story is real. 

I believe that once growth starts unwinding pressure will stair step higher on our friendly inflators to get back to the business of overtly inflating as opposed to hiding behind yield curve manipulations as they currently are.

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