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Jim Wyckoff

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Dr. Copper at a 3.5-Year High

December 28, 2017 by Jim Wyckoff

The red industrial metal is called “Dr. Copper” because it’s such an important market worldwide. When copper prices rise, that means increasing worldwide construction, which in turn means growing world economies, which in turn means rallying world stock and commodity markets. So, with Dr. Copper hitting a 3.5-year high this week, the coming new year looks bullish for equities and the raw commodity sector, overall. Oh, and by the way, the soaring copper market strongly suggests inflation is on the rise, too. Stay tuned!–Jim

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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