Freeport-McMoRan Copper & Gold, Inc. (FCX)

iknowyourjealous (< 20) Submitted: 3/14/08 7:21 AM : Start Price: $102.03 FCX Score: -48.08

With the rising value of Gold and other base metals, why not pick up the stock for the company who is one of the, if not the largest, procurer or miner of these base metals. The value of its gold holdings rises almost exponencially as the dollar falls. With the FED expected to lower rates again next month, the value of the dollar will continue its slide and this stock will shine, like GOLD!! Not only does it mine gold, but it also mines other base medal commodities like copper, aluminum, silver. I believe as the value of the dollar slides, other investors will see the value of these other medals as safer commodities to invest in as well, which will only work to increase this stocks value as well.

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