Otavio (Tavi) Costa: Copper-to-gold ratio nears major breakout as copper trades near highs

Otavio (Tavi) Costa: Copper-to-gold ratio nears major breakout as copper trades near highs
Copper-gold ratio nears key breakout

Otavio (Tavi) Costa, portfolio manager at Crescat Capital, highlights that copper is hovering near record highs.

He notes that the copper-to-gold ratio is only now approaching a significant breakout.

Costa has previously noted that money supply is expanding at its fastest pace in five years. He has also observed that gold miners are nearing support levels last seen nearly four decades ago. These observations come as he tracks movements in copper and the copper-to-gold ratio.

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