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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Friday, 12 February 2010

"Dr Copper"


Copper rallied 225 points from Dec 26 2009 to 7 Jan 2010,pretty well "squaring"
a one year cycle at a ratio of 0.618 (365x0.618=225) and has broken a well established trendline.Copper is regarded as the most economically sensitive commodity,and has been attributed a PhD in economics for its forecasting ability,hence the name sometimes attributed to it !A trend change could therefore be signalling slower growth ahead.
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