When it comes to the latest commodity’s bull market, the red metal has been the red-headed stepchild of the natural resource’s world. Copper has struggled versus precious metals, agricultural and energy commodities. Its ties to the global economy has kept pressure on the metal.
But times could be changing for copper.
New sources of demand and the potential for a soft landing of the economy are boosting the metal’s fortunes – as well as the fortunes of the firms that mine the metal. For investors and dividend seekers, the red metal may once again become red-hot.