Longing For China’s Short (Copper)
This is a private archived report from thomcalandra.com and The Calandra Report. Please e-mail Thom at thom@thomcalandra.com for more information. Thank you.
robert friedland
Copper Kicking In — China-Scale
‘Always Be Long Nation’s Short Copper’ Copper’s spot price and active futures contracts are rising 2.2% at last look. So-called volatility is accelerating in producer-copper equities such as Vale, Glencore, Freeport McMoRan FCX (up 5% right now), BHP, Rio Tinto, Teck Resources — and our preferred copper producer, Ivanhoe Mines IVN IVPAF and sister-co Ivanhoe …