Is copper the “new gold”? Nope!
I had a blast on CNBC today with Larry and Mandy debating that question. I’m not sure what the other guy’s point was but there are a few points I tried to make:
1. Copper and gold have nothing to do with each other save the fact they are denominated in dollars.
2. Copper is mainly a play on building in China, it has very little to do with an earnings report from Ford.
3. If the dollar rallies, even temporarily, there is no shot that only “gold and silver bugs” will feel the pain. Copper’s coming down too.
4. There are much better ways to play growth than buying copper outright. Like a million better ways.
I got a little feisty today, watch what happens after I get cut off by Matthew 🙂
… [Trackback]
[…] Info to that Topic: thereformedbroker.com/2011/04/26/21919/ […]
… [Trackback]
[…] Find More Info here on that Topic: thereformedbroker.com/2011/04/26/21919/ […]
… [Trackback]
[…] Here you will find 37224 more Information on that Topic: thereformedbroker.com/2011/04/26/21919/ […]
… [Trackback]
[…] Read More Information here to that Topic: thereformedbroker.com/2011/04/26/21919/ […]
… [Trackback]
[…] Read More here to that Topic: thereformedbroker.com/2011/04/26/21919/ […]
… [Trackback]
[…] Read More Information here on that Topic: thereformedbroker.com/2011/04/26/21919/ […]
… [Trackback]
[…] Info on that Topic: thereformedbroker.com/2011/04/26/21919/ […]
… [Trackback]
[…] Read More to that Topic: thereformedbroker.com/2011/04/26/21919/ […]
… [Trackback]
[…] Find More Info here on that Topic: thereformedbroker.com/2011/04/26/21919/ […]
… [Trackback]
[…] Find More Info here to that Topic: thereformedbroker.com/2011/04/26/21919/ […]
… [Trackback]
[…] Info to that Topic: thereformedbroker.com/2011/04/26/21919/ […]
… [Trackback]
[…] Find More to that Topic: thereformedbroker.com/2011/04/26/21919/ […]
… [Trackback]
[…] Information to that Topic: thereformedbroker.com/2011/04/26/21919/ […]
… [Trackback]
[…] There you will find 32092 additional Info on that Topic: thereformedbroker.com/2011/04/26/21919/ […]