So, why did prices go down the other day for FCX and PCU? I'm not saying that I disagree at all with the article. Just asking a question. I own wayyy too much PCU and FCX , or hopefully I don't own too much. I have felt the same way about the future of copper. Population growth worldwide, along with the idea that many of these greater numbers of people now have a little bit more money to buy things that require copper. I know that the U.S. economy will have something to do with copper demand, but I think it's not as much a factor as some might think it is. The U.S. is gradually becoming less important to the world, IMHO.
The Case for Copper [View article]
I own wayyy too much PCU and FCX , or hopefully I don't own too much. I have felt the same way about the future of copper. Population growth worldwide, along with the idea that many of these greater numbers of people now have a little bit more money to buy things that require copper. I know that the U.S. economy will have something to do with copper demand, but I think it's not as much a factor as some might think it is. The U.S. is gradually becoming less important to the world, IMHO.