What Market Correction? Copper Is Touching an All-Time High -- Here's How to Profit From It.
While the equity markets are in correction mode, it's easy to lose sight of the fact that the price of copper is almost touching an all-time high at around $5.10 per pound. One of the best ways to make money from it is by investing in copper and gold miner Freeport-McMoRan (FCX 4.67%). Here's why.The price of copper is near a recordBy "price," I'm referring to the Chicago Mercantile Exchange (CME) March futures price, which reflects the U.S. copper market. The CME copper price is up 27% year to date. The pr ...