Precious Metals Lag their Industrial Counter Parts

The PerfChart below shows the Base Metals ETF (DBB) along with seven other metal-related ETFs. Notice that the Aluminum ETF (JJU) and Palladium ETF (PALL) are the big leaders. Meanwhile, the Gold SPDR (GLD) and the Silver ETF (SLV) are the laggards. Gold is clearly precious and lagging. Aluminum is clearly industrial and leading. Perhaps this says something about the state of the economy and the Dollar.


Click this image for a live chart

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