It's Copper Time....Copper Can Tell You when the World is Healthy

Updated:
10.04.08
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Copper is a great indicator of Global Growth cuz it is in so many products. So I am going to watch the Copper Companies. You know Copper has been around since the dawn of man. There are 2 Segments..1. Production 2 Fabrication and 50% of Copper comes from Scrap these days. USA produces about 18%, Chile is the World's Largest Producer around 23% the largest Mine is Minera Escondita and CODELCO is the largest Company...Chilie kicked out USA companies awhile ago. LME and NYMEX are where they trade...watch the Port of Angamos for traffic.

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