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Biden’s economy is a total train wreck. Now a sign of an impending recession has raised its head. Copper prices are crashing.
Copper is used in cars and electronics, plumbing, and all sorts of things. So when the price of copper goes down, it indicates that it is not in high demand and there may be a recession coming.
FOX News reported on this: Copper suffered its worst weekly plunge since the early days of the COVID-19 pandemic, flashing the latest warning sign that a recession could be looming on the horizon. TRENDING: Biden Was Fed Pills to Function During Campaign, Supervised by Dr. Jill; Before Dosing Biden Was ‘Like a Small Child’: Tucker Carlson Source The metal — a major component in electronics and motors that is often used as a bellwether of economic well-being — fell as low as $6,953 a ton of the London Metal Exchange on Friday. The commodity recovered later in the day as part of a broader market rally, with the three-month price rising above $7,170. Still, copper posted its largest one-week percentage decline since late March 2020, at the height of pandemic-related shutdowns in the economy. The metal has fallen about 35% over the past four months, wiping out gains earned in the wake of the Russian war in Ukraine. Year-to-date, copper is down about 28%. Copper officially entered a bear market at the end of June — an occurrence that has preceded each and every recession over the past 30 years. Dr. Copper is volatile, but in huge demand: Market expert 00:00
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They’re Trying to Shut Us Down
Over the last several months, I’ve lost count of how many times the powers-that-be have tried to shut us down. They’ve sent hackers at us, forcing us to take extreme measures on web security. They sent attorneys after us, but thankfully we’re not easily intimidated by baseless accusations or threats. They’ve even gone so far as to make physical threats. Those can actually be a bit worrisome but Remington has me covered.
For us to continue to deliver the truth that Americans need to read and hear, we ask you, our amazing audience, for financial assistance. We have a Giving Fuel page to help us pay the bills. It’s brand new so don’t be discouraged by the lack of donations there. It’s a funny reality that the fewer the donations that have been made, the less likely people are willing to donate to it. One would think this is counterintuitive, but sometimes people are skeptical because they think that perhaps there’s a reason others haven’t been donating. In our situation, we’re just getting started so please don’t be shy if you have the means to help.
Thank you and God bless!
JD Rucker
