With 2012 now behind us it’s time to start looking for some new long term investments which have big potential gains in the new year. Copper is one metal that has caught my eye. The long term monthly chart of the copper ETF JJC shows a potential cup and handle pattern accompanied with bullish volume [...]
Gold and Copper Rising Due to QE3 Hopes
August 27, 2012 by
There should be an inverse relationship between gold (NYSEARCA: GLD) and copper (NYSEARCA: JJC). Most of gold is used for investment purposes. As a result, it rises when there is economic weakness and investors lose confidence in the fiat currency of a country. Most of copper is used for industrial purposes. Therefore, the price of [...]
