Copper, gold, and silver are soaring again this morning, led by copper and silver, up 1% and 2%, respecitvely.
Watch the underlying equity names like Freeport McMorgan Copper & Gold FCX, Barrick Gold ABX and Silver Wheaton SLW to see if these names and subsequent other miners will react to the opening moves of the metal.
Should these names trend higher, then we can expect to see additional gains throughout the sectors, and other names can be expected to move higher as well.
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Posted In: Long IdeasTrading IdeasDiversified Metals & MiningGoldMaterialsPrecious Metals & Minerals
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