gap closes, copper’s about to get loud.

[admin]

Historically, it moves in lockstep with the 10 year yield — and right now, there’s a glaring gap. If that gap closes, copper’s about to get loud.

And it’s already whispering. Copper just hit a 52 week high. International stocks are starting to hum. Momentum always shows up quietly before it slams the door. Here’s the kicker: global growth isn’t being driven by the usual suspects. It’s not the U.S. or Europe. It’s the rest of the world — emerging market and developing economies are growing at 4.2%, more than double the 1.8% of advanced economies.  The world is moving at 3.2%, and the heavy lifting is coming from places most investors still ignore. That matters. Because copper doesn’t just track growth — it sniffs it out early. And right now, it smells something big. (TLDR) Why we think copper moves higher from here: Copper just broke out to a new 52 week high International equities are gaining momentum alongside it The copper-to-gold ratio is trailing the 10-year yield — a gap that typically closes when global growth picks up Emerging markets are growing at 4.2%, more than double the 1.8% pace of developed economies Global growth is being driven by regions that are heavy consumers of copper