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Most copper ETFs are scams.. just overlay any one of them with a chart of copper especially during a period of sustained decline followed by rebound (summer 2010 comes to mind.) Most likely when copper prices recover the ETF has yet to recover.
If you can, ask your broker for a Futures account and buy the HG futures.
well, I wanted to change my user name because I was mistaken for a non American living in other countries. I was told I could not change user names, so I just made a new account. I'll look around on sugar. You COULD buy some PORK BELLIES and TAKE delivery.....they can unload the truck in your front yard, until you are ready to sell.
I'm a big, big fan of FCX, and it's very inexpensive right now. Great shareholder friendly company with HUGE reserves of copper, gold and molybdenum, 2% dividend yield (not including the special divies they've been paying lately) and all at a paltry P/E of about 9. Good one to accumulate and hold on to, as copper demand is only going to trend up in the long term.
I'm a big, big fan of FCX, and it's very inexpensive right now. Great shareholder friendly company with HUGE reserves of copper, gold and molybdenum, 2% dividend yield (not including the special divies they've been paying lately) and all at a paltry P/E of about 9. Good one to accumulate and hold on to, as copper demand is only going to trend up in the long term.
Thanks, man. I offloaded CCJ today and loaded 255 FCX. Appears to be a great buy.
well, I wanted to change my user name because I was mistaken for a non American living in other countries. I was told I could not change user names, so I just made a new account. I'll look around on sugar. You COULD buy some PORK BELLIES and TAKE delivery.....they can unload the truck in your front yard, until you are ready to sell.
You serious I see a lot of chatter about pork bellies futures. If you find out anything about sugar, do let me know.
I'm a big, big fan of FCX, and it's very inexpensive right now. Great shareholder friendly company with HUGE reserves of copper, gold and molybdenum, 2% dividend yield (not including the special divies they've been paying lately) and all at a paltry P/E of about 9. Good one to accumulate and hold on to, as copper demand is only going to trend up in the long term.
I also own FCX, its at a low price as it split recently. Look at SCCO, used to be PCU IIRC.
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