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| Alias Born | 03/17/2014 |
Tuesday, September 23, 2014 10:04:59 AM
I'm watching copper miners very closely and I may diversify with this week's buys. Ivanhoe Mines is top on my list. Copper has been taking it on the chin and yesterday it really got slaughtered.
Manufacturing is just falling through the floor. So many people out of work need less stuff.
However I see a rebound coming soon. China's PMI surprisingly jumped last night and war is looming everywhere. The Russia/Ukraine tensions seem to be easing as are the Israel/Palestine tensions. At the same time the US and its allies are ramping up and if there are boots on the ground copper could jump and miners like Ivanhoe Mines (IVN:TSX) will jump even higher.
Manufacturing is just falling through the floor. So many people out of work need less stuff.
However I see a rebound coming soon. China's PMI surprisingly jumped last night and war is looming everywhere. The Russia/Ukraine tensions seem to be easing as are the Israel/Palestine tensions. At the same time the US and its allies are ramping up and if there are boots on the ground copper could jump and miners like Ivanhoe Mines (IVN:TSX) will jump even higher.
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