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HEADLINES:

Copper Stockpiles Surge To 10-Year High, Market Shifts Into Surplus
Hard Assets Investor • Mon, May 6 • 2 Comments
Copper Miners: Crisis An Opportunity?
Michael A. Gayed • Wed, May 1 • 6 Comments
Despite Base Metals Downturn, Commodity Price Volatility Is Here To Stay
MetalMiner • Tue, Apr 30
Gold Has Held Its Value Over The Last 2,500 Years: Fact Or Fiction?
Hard Assets Investor • Wed, Apr 10 • 14 Comments
Trading Copper And The S&P 500 Disconnect
Visual Capitalist • Tue, Apr 9 • 3 Comments
Consider Buying Copper Now: Several Different Ways To Play
Christopher F. Davis • Mon, Apr 8 • 7 Comments
The Big Mo: Buy Just Before Momentum Players Cause Prices To Surge
Steven Jon Kaplan • Mon, Mar 18 • 14 Comments
Is Freeport-McMoRan's Stock A Good Buy At $33 A Share?
Jayson Derrick • Fri, Mar 15 • 8 Comments
Feared Copper 'Flood' More Likely A Trickle
AllianceBernstein • Tue, Mar 12 • 2 Comments
Zambian Mines: Looking To Reap What They Are Sowing
Mutale Mubanga • Mon, Mar 4 • 4 Comments
Southern Copper Looks Good Through The First Half Of The Year
John Mylant • Mon, Feb 18 • 6 Comments
What Copper Contango Tells Us About The Metal's Supply Situation
MetalMiner • Tue, Feb 5 • 1 Comment
Gold And Silver Are Popular But Do Not Forget About Copper
Christopher F. Davis • Fri, Jan 25 • 16 Comments
Copper's Supply - Demand Imbalance
Harlan Kessler • Mon, Jan 14 • 13 Comments
Why Investors Should Be Bullish On Zambia
Mutale Mubanga • Wed, Dec 26, 2012 • 16 Comments
China Rebound Sparks Rally In Uranium And Rare Earth Miners
Jeb Handwerger • Tue, Dec 18, 2012 • 4 Comments
A Not So Obvious Reason To Be Bullish On Copper
Christopher F. Davis • Fri, Dec 7, 2012 • 11 Comments
Fiscal Cliff Or A Message From Dr. Copper?
Doug Short • Thu, Nov 29, 2012 • 5 Comments
The Housing Rebound Is Real: Take Advantage Of These Copper Plays
Christopher F. Davis • Sun, Nov 18, 2012 • 7 Comments
Copper Price Forecast: Where Is This Supply Deficit?
MetalMiner • Thu, Oct 25, 2012 • 3 Comments

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Copper Miners: Crisis An Opportunity?
Michael A. Gayed • Wed, May 1 • 6 Comments
These 5 Stocks Could Fall On Copper Surplus
IncomeHunter • Thu, May 24, 2012 • 5 Comments
CU Vs. COPX: Which Is The Better Play On Copper?
Sammy Pollack • Thu, Feb 23, 2012 • 1 Comment
Comparing Copper Mining ETFs Head-To-Head
Zacks Investment Research • Fri, Feb 3, 2012
Copper Update: Slower Demand Raises Caution
Michael Filighera • Tue, May 10, 2011 • 7 Comments
Should We Blame Speculators for Higher Commodity Prices?
Ian Wyatt • Wed, May 4, 2011 • 1 Comment
China Supply, Demand Outlook for Copper: The Price Correction Continues
Michael Filighera • Fri, Apr 15, 2011 • 7 Comments
Peru Influence Compelling Traders to Rethink Copper
Michael Filighera • Wed, Mar 30, 2011 • 2 Comments
Commodities: Onward and Upward
Calafia Beach Pundit • Mon, Feb 14, 2011 • 7 Comments
China Central Bank Balks, Copper Price Soars
Tim Iacono • Mon, Dec 13, 2010
Debunking the Copper Top Myth
Marco G. • Sun, Dec 12, 2010 • 14 Comments
Dr. Copper Pulls Back, Other Metals Follow
Tim Iacono • Wed, Nov 17, 2010 • 4 Comments
ETF Spotlight: Global X Copper Miners
Tom Lydon • Thu, Nov 4, 2010 • 1 Comment
Copper High
Hard Assets Investor • Tue, Oct 12, 2010
Dr. Copper Says the Patient Is Fine
Calafia Beach Pundit • Wed, Jul 7, 2010 • 14 Comments
Is Copper a Rational Market?
Hard Assets Investor • Tue, Jun 29, 2010 • 1 Comment
Apocalypse Avoided, For Now
Cam Hui • Mon, Jun 21, 2010 • 3 Comments
Copper Gets Crushed on Slowing Global Growth
Cullen Roche • Mon, May 17, 2010 • 2 Comments

Copper Stockpiles Surge To 10-Year High, Market Shifts Into Surplus
Hard Assets Investor • Mon, May 6 • 2 Comments
Despite Base Metals Downturn, Commodity Price Volatility Is Here To Stay
MetalMiner • Tue, Apr 30
Gold Has Held Its Value Over The Last 2,500 Years: Fact Or Fiction?
Hard Assets Investor • Wed, Apr 10 • 14 Comments
Trading Copper And The S&P 500 Disconnect
Visual Capitalist • Tue, Apr 9 • 3 Comments
Consider Buying Copper Now: Several Different Ways To Play
Christopher F. Davis • Mon, Apr 8 • 7 Comments
The Big Mo: Buy Just Before Momentum Players Cause Prices To Surge
Steven Jon Kaplan • Mon, Mar 18 • 14 Comments
Is Freeport-McMoRan's Stock A Good Buy At $33 A Share?
Jayson Derrick • Fri, Mar 15 • 8 Comments
Feared Copper 'Flood' More Likely A Trickle
AllianceBernstein • Tue, Mar 12 • 2 Comments
Zambian Mines: Looking To Reap What They Are Sowing
Mutale Mubanga • Mon, Mar 4 • 4 Comments
Southern Copper Looks Good Through The First Half Of The Year
John Mylant • Mon, Feb 18 • 6 Comments
What Copper Contango Tells Us About The Metal's Supply Situation
MetalMiner • Tue, Feb 5 • 1 Comment
Gold And Silver Are Popular But Do Not Forget About Copper
Christopher F. Davis • Fri, Jan 25 • 16 Comments
Copper's Supply - Demand Imbalance
Harlan Kessler • Mon, Jan 14 • 13 Comments
Why Investors Should Be Bullish On Zambia
Mutale Mubanga • Wed, Dec 26, 2012 • 16 Comments
China Rebound Sparks Rally In Uranium And Rare Earth Miners
Jeb Handwerger • Tue, Dec 18, 2012 • 4 Comments
A Not So Obvious Reason To Be Bullish On Copper
Christopher F. Davis • Fri, Dec 7, 2012 • 11 Comments
Fiscal Cliff Or A Message From Dr. Copper?
Doug Short • Thu, Nov 29, 2012 • 5 Comments
The Housing Rebound Is Real: Take Advantage Of These Copper Plays
Christopher F. Davis • Sun, Nov 18, 2012 • 7 Comments
Copper Price Forecast: Where Is This Supply Deficit?
MetalMiner • Thu, Oct 25, 2012 • 3 Comments
Should Investors Reconsider The Metal Mining ETFs?
Gary Gordon • Tue, Oct 16, 2012

There are no Transcripts on COPX.

Global Markets: U.S. In, Emerging Markets Out

at CNBC.com (Mar 13, 2013)
Commodities Corner: Copper, coal: crystal balls for the global economy

at MarketWatch.com (Sep 23, 2011)
Brian Kelly: Copper Bears Have it Backward, Time to Buy the Miners

at CNBC.com (May 27, 2011)
ETF Investing: ‘Copper top’ could spell weakness for broad market

at MarketWatch.com (Mar 13, 2011)
New ETFs to Feed Metals Frenzy

at CNBC.com (Oct 26, 2010)
Commodities Corner: Dr. Copper speaks volumes about emerging markets

at MarketWatch.com (Oct 8, 2010)

COPX vs. ETF Alternatives

COPX Description

The Global X Copper Miners ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Copper Miners Index.
See more details on sponsor's website

Sector: Basic Materials

Key Info

In Your Portfolio: A Guide to Sector ETFs, A Guide to Commodity ETFs and ETNs
Asset Class Performance: Commodities, Sectors

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| Earnings
| Dividends
| M&A
| On the move

Monday, April 22, 1:52 PM Goldman Sachs cuts its forecast for copper prices this year, citing rising global stocks and mounting worries regarding China's growth outlook, but says the selloff in Freeport McMoRan (FCX -0.4%) looks overdone. The firm maintains its Buy rating for FCX but lowers its 2013 and 2014 EPS estimates to $3.35 from $4.53 and to $3 from $3.20, respectively. Comment! [Commodities]
Monday, April 22, 7:11 AM Goldman gets bullish on copper albeit at a lower price point. After a 13% YTD decline the selloff is "overdone," according to the investment bank which cut its three-, six-, and 12-month estimates to $7,500, $8,000, and $7,000 per metric ton respectively. Although some demand concerns are warranted given the cooling of China's economy, "underlying cyclical growth is likely stronger than the headline figures suggest." (Previously: a bear market in copper) 1 Comment [Commodities]
Saturday, April 20, 8:25 AM Dr. Copper's diagnosis for the world economy: It isn't well. Copper ended the week wallowing in bear market territory after top copper consumer China reported slower-than-expected economic growth. At this point, weak demand and robust supplies could continue to put pressure on copper prices, or heavy short selling may dry up and spur a strong rebound. 4 Comments [Commodities, Global & FX]
Monday, March 25, 10:42 AM Hedge funds are the most bearish ever on copper as global inventories expand to a nine-year high; speculators raised net short positions in U.S. copper futures and options by 53% to nearly 26K contracts in last week. “We’re sitting on unprecedented stockpiles," BMO's Jack Albin says. “Demand has been pretty tepid... In the global economy, we’re seeing improving growth, but it’s still at a slow rate." Comment! [Commodities, Global & FX]
Monday, March 18, 5:48 PM Copper prices hit a new 2013 low today, tumbling 2.6% as "the Cyprus news highlights what many investors would like to forget: that the region’s debt problems are ongoing... and that a solution continues to be elusive." This adds to continued China worries, as "more and more copper is piling up in warehouses." Unlike in the stock market, the slightest bit of bad news is enough to weigh on copper. Comment! [Commodities, Global & FX]
Wednesday, December 26, 2012, 8:33 AM The SEC pushes back an approval deadline for BlackRock's copper ETF just days after approving JPMorgan's offering. As with the JPM fund, lawmakers and those in the industry worry a physical ETF could draw inventory from the world supply, raising both the price and price volatility. Comment! [Commodities]
Thursday, November 29, 2012, 9:36 AM Copper supply shortages will extend into the first half of next year, Barclays estimates, as an accelerating Chinese economy more than doubles the pace of growth in global consumption. Demand will outpace supply by 316K metric tons in H1, more than all copper in London Metal Exchange warehouses, before a surplus emerges in H2. 6 Comments [Commodities, Global & FX]
Wednesday, November 14, 2012, 5:21 PM Copper prices that have risen fivefold in the past decade are the new normal and are unlikely to fade much, Chile's finance minister says. The price of the metal has averaged $3.61/lb. this year vs. $1.79 in the 2000-09 decade, but the finmin of the world's top copper miner doesn’t think prices will see $2.00-$2.50: "That would happen in the very worst part of the cycle, but not as a structural issue.” Comment! [Commodities, Global & FX]
Tuesday, October 23, 2012, 4:51 PM A growing number of analysts and traders believe the days of copper’s decade-long scarcity could be coming to an end, as the red metal's biggest consumer - China - is struggling and miners are beginning to pick up production. The ICSG predicts mined supply of copper will increase by 6.4% next year, the biggest rise since the mid-1990s. 1 Comment [Commodities, Global & FX]
Wednesday, October 17, 2012, 2:53 PM Copper prices could trade lower next year in an uncertain economic outlook, but the consensus among metals traders and mining execs is that the move is more likely to be a grind than a collapse as supplies remain tight. Even though production is rising, inventories remain low and the mining industry is expected to again fall short of its promised production. 4 Comments [Commodities]
Wednesday, October 10, 2012, 8:27 AM More signs of a mining boom turned bust, Chinalco (ACH) looks set to cut the size of the Hong Kong IPO of its Peruvian copper mining unit to about $400M from $800M (which was a cut from the initial $1B). A market in short supply no more: Chinese copper consumption is set to shrink this year, says Simon Hunt. Comment! [Global & FX, Commodities]
Tuesday, October 9, 2012, 3:22 PM Copper consumption in China is expected to drop 8.5% to 5.6M metric tons this year, contracting for the first time since 2008 before rebounding in 2013, Simon Hunt says: "The safety valve of exports has gone, the domestic economy is slowing down, they have a problem of surplus capacity and cash is extraordinarily tight... There are no signals of a recovery in heavy industry and manufacturing." 2 Comments [Commodities, Global & FX]
Wednesday, August 22, 2012, 2:58 AM BHP Billiton (BHP): H2 profit before items -35% to $7.16B vs. consensus of $6.96B. Abandons $20B Olympic Dam copper expansion and will look at a "less capital intensive option." Won't approve any new projects until at least mid-2013. It's the biggest sign of how China's slowdown has stalled the global mining boom. (PR) 11 Comments [Earnings, Top Stories, Commodities]
Wednesday, July 18, 2012, 5:53 PM Analysts are slashing predictions of a copper glut as producers from Chile to Indonesia contend with aging mines and strikes at a time of record demand. The global surplus will total 18.5K metric tons, according to a Bloomberg survey, 85% less than a January forecast of 124K tons; the survey also says prices will rally as much as 14% to $8,700/ton by year's end. 2 Comments [Commodities]
Tuesday, June 12, 2012, 5:07 AM Some mining companies (including BHP and RIO) that have relied mostly on surface mining are now going deeper, allowing them to continue using mining, processing and transport infrastructure even after the surface deposits are depleted. New technologies and the high price of commodities are making the unusually-deep mines financially feasible, but going deeper isn't without its risks. 9 Comments [Commodities]
Friday, June 8, 2012, 5:54 PM Copper closed the week at a six-month low, as traders shed their initial positive reaction to China's rate cut to focus on the move as a sign of weak Chinese economic growth. Barclays says any boost in demand from Beijing’s pro-growth measures might not be felt until Q4, and the “magnitude of support... is not seen as being anywhere near the same scale as the stimulus of 2008-09." Comment! [Commodities, Global & FX]

Chris Vermeulen
Copper Miners are good but this one stock in $COPX fund is the best: http://bit.ly/TsL0bI
12/31/12
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Ryan Mallory
Dr. Copper isn't Feeling to Bullish http://bit.ly/QrC1m6 COPX
10/17/12
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The_American
SLV has some upside as the GLD has remained over 1600 which can be good in the COPX SIL SCCO FCX AUY HL ABX GFI KGC GPL - DBA DBC USO UCO up
7/29/12
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The_American
NUGT is to watch as GLD broke 1600 yesterday and up again. The potential can be in GDX GDXJ GLDX COPX SCCO PLG SLV DBS as USO UCO DBA all up
7/26/12
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The_American
FCX good play on COPX CU DBA up USO UCO up TRQ momentum may play : on VIIX TVIX UVXY DIA SPY QQQ GOOG AAPL HDGE on GLD SLV IAU GDXJ GDX NUGT
7/19/12
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The_American
WPRT has almost doubled in a single month of June and may have more room to go USO is starting to form bottom XLE XCO CHK DIG DBC FCX COPX
6/29/12
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Maria Auziliadora: Yes this one has been on fire!!!
6/29/12
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The_American
The DBC DBA space with COPX SIL AGM SWC have had nice moves. HDGE EUO is unknown TVIX and VIIX is up GLD and SLV came roaring back with PLG
5/24/12
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Retirefund
TNRs claim to giant copper project (Azules) draws 3rd party interest- Board to meet-->http://dld.bz/bzNy8 TRRXF.PK MNEAF.OB COPX BHP
5/16/12
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Justin M. Hall
2/2/12 1:02P ET: Prudence => We locked in profits on ZNGA & COPX at 10.1% & 3.9% respectively. http://bit.ly/t7mrwo
2/2/12
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Hornblower09: Thanks for your advice earlier. I stopped out for a 15.77% gain on ZNGA.
2/2/12
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Justin M. Hall: Nice work HB09! A great trade indeed! Celebrate the victory tonight and get ready for the next play. :-)
2/2/12
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Justin M. Hall
2/2/12 9:42A ET: 1. Taking a flier on ZNGA at/near $11. 2. Reentering COPX & FCG. 3. Initiating L-T positions in UNG JAN 2014 N-T-M calls.
2/2/12
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Justin M. Hall: HB09, adjust your trailing stop up as shares climb higher. Example: Set your stop at $11. If you get stopped out, you protect your profits.
2/2/12
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Justin M. Hall: RS, that's a good question. I suspect we'll learn more in the days to come.
2/2/12
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LATEST REPLIES

The_American
WPRT has almost doubled in a single month of June and may have more room to go USO is starting to form bottom XLE XCO CHK DIG DBC FCX COPX
6/29/12
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Maria Auziliadora: Yes this one has been on fire!!!
6/29/12
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Justin M. Hall
2/2/12 1:02P ET: Prudence => We locked in profits on ZNGA & COPX at 10.1% & 3.9% respectively. http://bit.ly/t7mrwo
2/2/12
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Hornblower09: Thanks for your advice earlier. I stopped out for a 15.77% gain on ZNGA.
2/2/12
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Justin M. Hall: Nice work HB09! A great trade indeed! Celebrate the victory tonight and get ready for the next play. :-)
2/2/12
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Justin M. Hall
2/2/12 9:42A ET: 1. Taking a flier on ZNGA at/near $11. 2. Reentering COPX & FCG. 3. Initiating L-T positions in UNG JAN 2014 N-T-M calls.
2/2/12
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Justin M. Hall: HB09, adjust your trailing stop up as shares climb higher. Example: Set your stop at $11. If you get stopped out, you protect your profits.
2/2/12
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Justin M. Hall: RS, that's a good question. I suspect we'll learn more in the days to come.
2/2/12
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Justin M. Hall
12/19/11 3:33P ET: Surprisingly, Copper (COPX) is holding up fairly well. COPX, JJC, FCX. Hmmm.
12/19/11
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Justin M. Hall: However, the charts do not look that bad - at least for now they don't. I suppose it could get worse, but it's not ugly yet.
12/19/11
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Justin M. Hall: UPDATE: TH 1/26/12, we secured gains of 19.2% on COPX after shares hit our $15.50 target.
1/27/12
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Justin M. Hall
1/27/12 8:25A ET: On TH 1/26, we locked in profits on COPX +19.2% and LNG +19.6%. http://bit.ly/t7mrwo
1/27/12
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Justin M. Hall: At RXI, one member reported a gain of +100% on his LNG JAN 2013 $15 calls. Duration: < 2 months.
1/27/12
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Justin M. Hall: COPX and LNG hit at AND very near our targets. COPX hit $15.50 target & LNG hit near $12.50 target on 1/26. We exited LNG yesterday at $12.
1/27/12
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The_American
A lot of the Wall Street boys are buying BAC early across the tape. I agree on BHP also VALE FCX COPX across board SCCO I got into HL SWC
11/22/11
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Ocean Man: I got scared out of SCCO by threats of Peru nationalizing their copper mines. Be careful.
11/22/11
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The_American: That's a trade, but thank u. Watch TVIX EUO DIA SPY QQQ XLF coming down revaluation vs BRIC going DBC DBA GLD REE USO DIG UNG PALL long term
11/30/11
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COPX Global X Copper Miners ETF

COPX

Global X Copper Miners ETF