By Anthony Summers You’ve heard it for some time now…
The global economy is finally showing signs of improvement – especially over the past year or so.
Most economists and central bankers cite a slew of stats to justify their optimism.
Nonfarm payrolls… nominal and real GDP… consumer confidence surveys… employment statistics… the producer price index…
The list goes on and on.
I’ll admit: Scouring the endless stream of economic metrics released every other week isn’t an exciting way to spend your downtime.
Instead, there’s a simple shortcut to tracking the health of the global economy, courtesy of free markets.
It’s called the gold-to-copper ratio.
On the surface, gold and copper …read more