Tags: LIGNET | Copper | Stocks | easing

LIGNET: Copper-Mining Stocks Set to Rally on Central Bank Easing

By    |   Friday, 24 August 2012 02:06 PM

Copper miners such as BHP Billiton Ltd. (NYSE: BHP) and Southern Copper Corp. (NYSE: SCCO) could see a spike in their share prices due to nervous policymakers itching to stimulate their struggling economies. The price of copper has just hit a monthly high and it can keep climbing on word of monetary easing by the world’s central banks, particularly in China. Copper mining has been mostly flat this year, but mining companies can get an immediate boost with stimulus policies that will enable more money to surge into precious-metal commodities.

To read the full analysis from top experts at LIGNET.com, click here.

© 2020 Newsmax. All rights reserved.

1Like our page
Friday, 24 August 2012 02:06 PM
Newsmax Media, Inc.
Newsmax TV Live

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

© Newsmax Media, Inc.
All Rights Reserved