AC Metal Holdings

Should You Short This Right Now ? #SCCO       Portfolio Analysis      Southern Copper Corporation     SCCO #1 Name: Southern Copper Corporation  Stock Exchange: NYSE-American  Symbol: SCCO Corporate Offices:  1.USA- Arizona  2. Mexico -  Delegación Miguel Hidalgo 3. Peru -  Santiago de Surco Market Cap: 57.895 Billion Dollars    First and foremost, its important to note, that Southern Copper Corporation  is a company of a company of a company, in other words it has a unique corporate instruction. Mining Division of Grupo Mexico is represented by the subsidiary of America's Mining Corporation (AMC) in which the latter holds Southern Copper Corporation, Minera Mexico S.A. de C.V., Southern Peru Copper Corporation, Asareo L.L.C., Minera Los Frailes S.L.    Moreover, SCCO, is involved in mining of different ores, the following is the sales value by product in 2019 copper: 81.5%, molybde...

Here We Go !!!!!!!!     Head to head challenge, today we are going to take a look at Copper vs. Gold under the scope of historical percentages, with respect to the average closing prices. Lets make sure we compare with a fair sound perspective.      The price of copper below is per pound and the price for gold below is per ounce. So not exactly apples to apples, but the detail in question is the percentage.       Without further a do, lets go ahead and take a look, the data was taken from Macrotrends (the percentages done by number crunching) and we find gold which is +4832.51% was the percentage increase from 1970 to 2020, the +351.61% was the copper percentage increase from 1970 to 2020.      Its not even a competition, gold is the clear winner, gold ran 14 laps before copper could complete its first lap around the track, gold threw 14 punches all while copper threw just 1.       The picture is clear...

Can Copper Be The New Gold ?        DRUM ROLL PLEASE...      No... copper is not the new gold, gold is gold and copper is copper. One look at the periodic table and it becomes very clear its two different elements with different, but similar  industrial uses. But, lets explore the 3 reasons why we should not ignore copper. As of right now, 2021,  gold and silver are being highlighted in the mainstream media. I likened this to a magician performing a trick they only show the hand they want you to see, while the trick is being performed on the other hand.      Allow me to let you in on a little secret, which I call the "Copper Rush" (F.Y.I. I googled copper rush and all I get is a quarter back from the Dallas Cowboys), yes, you heard right, the "Copper Rush".      To be clear, with this current state of affairs, I am long term bullish on all metals across the board, that includes Gold, Silver, Copper...