Freeport Worth $45 Despite China Woes |
| March 09, 2012 | March 2012 Bond Updates |
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China?s lowered its GDP target growth rate for the first time in eight years, and this sent ripples across shares of global miners including Freeport McMoRan, Vale and Rio Tinto. While in the short-term commodity prices have reacted negatively to this news, we expect the Chinese appetite for commodities to remain strong and drive prices higher in the long-term. |
| View more at: http://www.forbes.com/sites/greatspeculations/2012/03/09/freeport-worth-45-despite-china-woes/ |
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