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2/20/14

Chart of the day is...

...the gold/copper ratio:



Several reports appearing to wave copper higher these days, which is all wonderfu except for the way in which copper refuses to do so. Perhaps this is the chart JP Morgan and others are watching.

Semi-OT, interesting that the small drop in gold yesterday (wasn't much more then $10) caused that much havoc to the stocks. Pretty nervy out there.