November 27, 2012
The recent slowdown in the growth of the Chinese economy has some investors concerned. But as far as copper goes, Chinese demand is soaring. In this video, Motley Fool energy and materials analyst Taylor Muckerman tells us about China, currently the consumer of more than 40% of the world's copper. The country's major infrastructure spending plans mean a coming supply shortfall imbalance that could drive the price of the commodity higher. Watch the video to hear about the details of some of these infrastructure spending projects, and what higher copper prices could mean for investors.
There are several plays investors can make in the precious metals sector. Goldcorp is one of the leading players in the gold mining market. For the last several years, investors have been the beneficiaries of several successful acquisitions and strong organic growth. Goldcorp's low-cost production of one of the most sought-after metals in the world continues to make it an attractive choice for long-term investors. Click here for our detailed report to discover more about this mining specialist.