/biz/ - Business & Finance

>>51248149
yes copper to gold ratio is a good indicator. in order to find what is extreme or not, you probably want to zoom out and compare it on a historical basis. right now it looks like gold is a better buy than copper - BUT, that doesn't mean its still a good idea to buy gold, because gold could go down from here too priced in USD

thats why the USD factor matters - you might have a favorable gold/silver or copper/gold ratio in terms of whether gold is a better buy right now, but if the dollar is getting stronger, you're going to lose money anyway. you'd be better off buying dollars, or just holding cash, instead of gold