Tag Archives: (COPX)

The Next Commodity Supercycle Has Already Started

When I closed out my position in Freeport McMoRan (FCX) near its max profit this week, I received a hurried email from a reader if he should still keep the stock. I replied very quickly: “Hell, yes!” When I toured Australia a couple of years ago, I couldn’t help but notice a surprising number of […]

All That Glitters Is Now Not Copper

Those who followed my recommendations to bet heavily in copper plays over the last many years have been handsomely rewarded. Since the move began, Freeport McMoRan (FCX), the top copper producer in the world, has more than doubled. The logic was very simple. Even a stagnant EV market still needs 200 pounds of the red […]