Retirees Are Loading Up On A Copper ETF Before the Supercycle Spikes It Higher
COPX has returned roughly 154% over the past year while the copper price itself rose about 33%. That gap is not a coincidence — it is what happens when miners use fixed-cost leverage to amplify every dollar move in the underlying metal. Global X Copper Miners ETF (NYSEARCA:COPX) holds the companies pulling the metal out ... Retirees Are Loading Up On A Copper ETF Before the Supercycle Spikes It Higher
COPX has returned roughly 154% over the past year while the copper price itself rose about 33%. That gap is not a coincidence — it is what happens when miners use fixed-cost leverage to amplify every dollar move in the underlying metal. Global X Copper Miners ETF (NYSEARCA:COPX) holds the companies pulling the metal out ... Retirees Are Loading Up On A Copper ETF Before the Supercycle Spikes It Higher