By Graham Summers

Copper just marked the end of the �recovery.�

Copper, because of its close association with economic growth, is often called the commodity with a �PhD in Economics.� Large price moves in Copper usually mark large moves in the global economy.

Take note, Copper just broke down out of the massive wedge pattern formed after the 2008 Crash:

Based on Copper�s chart, the global economy peaked back in 2011 and has been moving sideways ever since.

Not anymore.

We�ve not taken out critical support for Copper. The gigantic five-year �recovery� pattern has been broken. And it broke downwards.

This will likely go down as THE signal that the great Central Bank fueled �recovery� post-2009 has ended.

Oil�s collapse was the first signal that the global inflation trade had blown up. Now Copper has confirmed it.

At the end of the day, you cannot solve a debt problem by making debt cheaper. You CAN temporarily prop up insolvent entities, whether they be countries or banks, by doing this� but it only lasts a short period.

And by the look of things, that period has ended.

If you�ve yet to take action to prepare for the second round of the financial crisis, we offer a FREE investment report Financial Crisis "Round Two" Survival Guide that outlines easy, simple to follow strategies you can use to not only protect your portfolio from a market downturn, but actually produce profits.

You can pick up a FREE copy at:

http://www.phoenixcapitalmarketing.com/roundtwo.html

Best Regards

Phoenix Capital Research

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 -- Published: Monday, 12 January 2015 | E-Mail  | Print  | Source: GoldSeek.com

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