How can I invest in declining copper?
Question:
Is there a similar vehicle for copper?
If not, how do I invest in declining copper?
Answer:
You could simply sell copper futures. Or buy puts on the futures.
sing
You could short a company such as Southern Peru Copper Company (PCU). Or find an ETF that trades copper long and short that.
get target on stockcharts.com
Sell Short Phelps Dodge and Freeport-McMoran.
I consider it as a good dip to buy for a medium term run..
My target is 10 - 20% up in quarterly.. Thats my expectation..
Do the Best !
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