That's a Lotta Copper
Southern Copper (SCCO)
Related tickers: VALE
Of supply and demand, copper prices are driven by primarily by demand.
The US economy is improving and home construction and home improvement are both on the rise. That’s a lotta copper demand folks, a lotta copper.
To my mind SCCO represents more of a pure copper play than others of its ilk, so, I’m going long.