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Alcoa: A Long-Term Investment To Consider?
Alcoa AA is a crap shoot. Look at U.S. Steel. Imagine just 20 years ago the same question was asked.
We have competition and the Geopolitical Landscape is changing before our eyes were new alliances are being born.
Our American Corporations are constantly being devalued.
When you give away your secret recipe to your competitor what on Earth do you think will happen?
If American Corporations do not stand & Unite NOW with fair trade rules with China you might as well give them Alcoa, U.S. Steel, GE etc.
Example- Boeing and GE were thrilled and signed some multi billion dollar contracts with China for specific products ONCE. You will NEVER see the Chinese ever come back for the same product twice.
So these short term gains will lead to long term losses along with American Jobs!
China knows what we are doing, what we are thinking and HACKED into the U.S. Chamber of Commerce & Strafors which is one of Americas Think Tanks!
Their actions speak in volume so in terms to Alcoa, you can see some consolidation, as long with the Gold Miners GDX GDXJ NUGT I think is a bit more exciting. It's cheap but so is Hecla Mining HL that pays a similar dividend.
China is getting most of their Aluminum & Steel from Russia.
Just look at the Forbes Billionaire List & always follow the money
Dec 27 02:45 AM
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