SPG Supplement: Is the Gold/Copper Ratio Predicting A Drop In the S&P?

To give my regular readers a taste of what’s on my Strategic Planning Group site, here's this week’s Supplement—though a few days after SPG members got it:

People are always talking about the silver/gold ratio—but the copper/gold ratio seems to be much more predictive of market trends.

My friend Michael Hampton has this very interesting chart—check it out:

The top chart is a ratio of copper-to-gold prices. The bottom chart is of the S&P index. If you notice the timeline, you’ll see the chart covers the last three years.

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