X @Michaël van de Poppe

The business cycle is defined by the valuation of Copper vs. Gold.Gold has gone up massively, which is basically the reasoning behind the entire risk-off thesis.However, Gold has peaked, or atleast, overextended to the upside in the short-term, which opens up the possibilities for investments in #Altcoins and #Bitcoin to outperform vs. Gold.This chart is a great representation.Essentially, those lows are where Copper is undervalued vs. Gold.The highs are when Copper is overvalued vs. Gold and where the busi ...