This Morning Goldman Sachs has put recommendation on Freeport-McMoRan Copper & Gold(Freeport-McMo) could mean good times are coming to world economy.Why? Copper! And plus if mining is rebound and this Molycorp(a rare mineral mining company)is big percent gaining this,but caution Molycorp has fallen so much,(it's about 6 it high in last year of 35 and think it had high 50 or 60),than companies like Caterpillar(a big manufacturer of mining equipment) should do well and there is much talk that Caterpillar is under valued.
Also a plus for Freeport-McMo is it pays a very safe dividend at over 3.6 yield better the bank or a government security.
And talking about bank both Citigroup and Bank of American got OK to buy back stock and Bank of American and Wells Fargo got OK to raise there dividend,not so sweet days for J.P Morgan Chase(Chase) the London Whale has expose Jamie Dimon as not such rough in Diamond,problem seem ahead for Chase and I think the stock is too high!
Green Mountain Coffee still riding high is David Einhorn losing his shirt or was he full of it?
There is new song in Vatican these days,"Don't cry for me Argentina."
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