Dr. Copper Is Shouting – Not Sure Anyone Is Listening
I don’t spend much time looking at copper. Occasionally, as a broad look at various charts such as oil, interest rates, the dollar index, etc. I don’t trade them and don’t put a lot of time into following areas that while can be interesting, entertaining and sometimes offers confirmation, don’t matter as much as many believe. The only reason I decided to take a look at copper, was because I was reading a piece where the author was discussing his latest outlook for gold and silver and followed with a slightly positive paragraph or two about copper. Well, my take from the charts, both daily and weekly, is that copper, is less than three full weeks away, from completing a sizeable H&S top. The right shoulder is carving out a smaller H&S top, as well. Unless copper has a massive upside run in the next two weeks(I doubt it does) then it looks like copper will be heading back down into the fours and maybe lower over time. Is Dr.Copper sending a signal about the economy? Probably so, but how many are listening?

I can guarantee 6 dollars. Its not dead.
I really don’t see a definitive head and shoulders. It looks rather positive for a hefty move up. I agree with Farmer on this one. I’m rooting for HMY, so I’m biased. They just bought a big copper miner, MAC Copper Limited in October 2025 for approximately US$1.01 billion, adding the high-grade, producing CSA Copper Mine in Australia to its portfolio to diversify from gold into copper as well.