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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST

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To: TobagoJack who wrote (189437)7/2/2022 5:32:54 PM
From: carranza2  Read Replies (3) of 217931
 
Interesting…..hat tip to Lone Clone

Message 33846721

Copper demand should increase given the emphasis on electricity as the environmentally prudent response to climate change.

Electric vehicles use 3x the amount of copper that conventional vehicles do.

Freeport McMoran looks good for a long term play. Selling at les than 3x cash flow. Nice dividend

Why so low?

Don’t know. Will look, has to be a reason. Probably that expected increase in energy expense will cut into margins.
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