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First off, I view the entire monetary and financial system as something of a Ponzi scheme. Starting with currency that is debt, and running straight though a global economic model that is based on a premise of infinite growth in a finite world. This won't end well. I'd go a step further and... More
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New Power Media
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Playing the Ponzi
  • Copper:SPY ratio pointing lower? 0 comments
    Jun 30, 2011 10:43 PM | about stocks: JJC, SPY

     Copper (using JJC as its proxy) has recently broken to the upside.  So I did a little investigation into how useful Copper has been in forecasting moves in the market (using SPY as my proxy).  Very simple I compared a Copper-to-SPY chart to SPY over the last five year.  I'm calling the white line The Ratio.  It is JJC divided by SPY.  The blue line is SPY.  It seems that on a variety of occasions The Ratio did successfully point to a change in trend:


    I probably should have spent the extra 20 minutes to build something decent looking and easily comprehensible in Photoshop.  But I'm not.  And no one reads what I write anyway.  I will build a better looking version upon request.


    Stocks: JJC, SPY
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