Any of you have a view on the copper price? My thinking is that it will follow a path similar to during the GFC. In other words, tank short term but hold up long term due, simply, to Chinese demand. I notice that a few investment houses have put out bullish price estimates for copper lately which always makes me nervous. I guess I don't trust Coldman Sachs as much as the next guy.
Following my own argument, I am looking to increase positions in pure copper plays on weakness. My preferred stock is RXM because of their resource and management.
Anyway, interested in views. Also interested in views on other copper stocks.
Any of you have a view on the copper price? My thinking is that...
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