Stocks are up, stocks are down, Bernanke says this, Bernanke says that, housing figures are bad, housing figures are good, China is up, China is down ... NONE of that matters ... SCCO is down regardless!
Precious and base metals are all down as the world demand is well satisfied because capacity in all areas grew in the past 15 years or so. Aluminum and iron / steel are in a worse position than copper. I have been in and out of this company and Freeport for years and the time to buy them is when no one else wants them. Let them sit, reinvest dividends and wait. These are good operators and when circumstances allow they will make us all money.