For All the Pomp and Circumstance, Copper Has Done Nothing Since March

There’s always a flat market somewhere. I’m here to find it just for you.

Let’s be honest with one another on this glorious Monday morning, ahead of what will likely be another record setting week for this motherfucker of a whore market. I don’t like stocks anymore. Having established that as my bias, I’d like to point out that copper has been flat since March, in spite of the fact that markets have been ripping chest hairs off to the upside.

Listen to me.

Everything you pretend to know about markets is a fiction. Isn’t growth supposed to emanate out of China? Well then, don’t they need an endless supply of copper to build out their ghost cities? I know and I get it. Everything is one giant lovely facade.

But in between the fiction, every once in awhile, peers reality. At some point, people will begin to wonder why copper isn’t drifting higher with crude oil and how come FCX (I am short) is failing to participate in this great vengeful experiment in macro economics. When confidence erodes, so will stock prices.

Dr. Copper isn’t sleeping. He’s fucking dead.