IKN

Every why hath a wherefore

Chart of the day is…

…the gold/copper ratio, three year timescale:

Gold is more popular than useful things these days.

PS: On the subject of useful things, Rick Bookstaber has been writing interesting stuff recently on labor trends and the future of work. The latest in his series came out today so here’s the link to that and once you’ve read it, check out his August offerings too. And yes, the price of gold relative to copper really is the same subject here. Since when does something have to be useful to be worth something, eh?

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