Ripple Effect
The Economy’s Top Doctor Is Under the Influence of Tariffs
July 9, 2025 • 1 minute, 42 second read
In economics, we often focus on gold as a barometer of the monetary system’s health.
But it’s actually copper that’s known as Doctor Copper, for its economic predictive prowess.
That’s because copper prices tend to rise in an expanding economy, given copper’s ubiquitous use in everything from construction to high-tech gadgets.
Year-to-date, copper prices are surging higher, suggesting a rip-roaring economy:
Copper prices hit a one-year high yesterday and
demand has soared ahead of potential copper tariffs.
The problem? Prices hit new highs as President Trump casually floated a 50% tariff on copper imports.
With copper imports soaring going into the news, it’s a sign that prices may be rising on pre-tariff demand. Much like how Apple filled airplanes full of iPhones from China before Trump kicked up tariff rates on Chinese goods.
For now, it’s another sign of the economic distortions being caused by President Trump’s Great Reset plan.
While copper prices may continue to rise, it’s going to be a wild ride with many pullbacks along the way. And this is your economy on tariffs – where even the trusted doctor is uncertainty stumbling along
~ Addison
“The Nvidia Killer”
Elon Musk is set to revolutionize the AI industry with his latest invention. It could make a lot of people rich in the process… All while triggering a crash of up to 50% in the next 12 months in Nvidia and other popular AI stocks. Which is why this former hedge-fund manager is calling it “the Nvidia killer”. |
P.S. Paid members, please join us for Grey Swan Live! with Matt Milner , tomorrow, July 10 at 11 a.m. ET. With both private credit and private equity markets gaining pop trend status in the investment markets, we’ll dig deeper into Elon Musk’s SpaceX and xAI private placements — the next curveballs from the Trump arch-nemesis universe.
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