• BarcodeBarcode
        ·10-02
        $WTI Crude Oil - main 2511(CLmain)$ $Gold - main 2512(GCmain)$ $Copper - main 2512(HGmain)$ 🔥⚙️🛢 Oil & Copper Have Never Been Cheaper Against Gold 🛢⚙️🔥 I’m seeing one of the most remarkable commodity divergences in decades. Outside of brief COVID dislocations, oil and copper have never been this cheap compared with gold. Historically, this ratio only reaches such extremes during wars, crises, or market dysfunction. Yet today, we’re seeing it in a supposedly “normal” market environment. 🌍 Macro context: Gold’s relentless bid is being driven by central bank hoarding, de-dollarisation trends, political risk hedging, and expectations of rate cuts. In
        1.06K10
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      • BarcodeBarcode
        ·10-02
        $WTI Crude Oil - main 2511(CLmain)$ $Gold - main 2512(GCmain)$ $Copper - main 2512(HGmain)$ 🔥⚙️🛢 Oil & Copper Have Never Been Cheaper Against Gold 🛢⚙️🔥 I’m seeing one of the most remarkable commodity divergences in decades. Outside of brief COVID dislocations, oil and copper have never been this cheap compared with gold. Historically, this ratio only reaches such extremes during wars, crises, or market dysfunction. Yet today, we’re seeing it in a supposedly “normal” market environment. 🌍 Macro context: Gold’s relentless bid is being driven by central bank hoarding, de-dollarisation trends, political risk hedging, and expectations of rate cuts. In
        1.06K10
        Report