Dr. Duru

Dollar Rises, Gold Stays Up

Omoc: I believe FCX is 9% gold. And some molybdemum, not sure how much. But the majority of their mining is in copper. I should have also mentioned that I recognize copper will likely remain linked to the health of the housing industry and other cyclical industrial sectors.


On Feb 13 09:32 AM omooc wrote:

> I thought FCX would be a play for gold rather than for copper. Unclear
> why SLV is so strong relative to GLD.