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Bank of Canada Shocks Markets With Largest Rate Hike in 24 Years

The Loonie Hour

CHAPTER

Commodities and the Global Economic Picture

I think gold is becoming less and less important financially, as more and more people have an increasing part of their wealth in their houses. Not all commodities are sort of created equal with respect to their indication on globl economic activity. Coppers are really, really, has been, historically, or really useful kind of indicator where sentiment is going. Andits right now, it's not good.

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