West Coast ports
China demand growing
Average price of shares in the 32.00 range in the last 12 years
China has huge advantage is the currency trade
6,7 RMB to the US dollar but due to the canadian dollar beening weaker
It takes on 5 RMB for them to buy a canadian dollar.
Dividends will get back to at least 50% of the average over the past 15 yrs
Check your historic charts on the ratio. We have never seen a 650 to 1 gold/copper ratio. Even during the financial crisis hit was never this wacked out. So do ratios even count now... Yes Silver is fast moving to a 50 to 1 ratio, It stands at 68 now.. Copper is still the laggard. It will move back towards a 450 ratio which is still wacked. But 650 is absurd... At low 10's FCX is a buy