By Brian Hunt | 13 October 2007
Jim Rogers was right… why buy gold when you can make more money in lead?
At the turn of the new century, the legendary investor predicted a huge bull market in commodities. But don't bet big on gold, he pleaded… bet on lead. While gold is up 136% since 2002, lead is up an amazing 1,370% over the same time period. The gains in other bases metals such as zinc, nickel, and copper have also far outpaced gold.
The base metal rally has sent shares of Teck Cominco soaring in the past few years. We wrote about this giant Canadian miner last year, as a way to play higher lead, zinc, and various other commodity prices. Revenue has tripled in the past five years, and shares have climbed more than six fold.
Along with its big mining brethren BHP Billiton, Anglo American, and Rio Tinto, Teck Cominco is leading one of the greatest eras in history for companies that produce the building blocks of civilization.
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