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THE GLOBAL TOP CAT

Precious Advice: Not Time to Buy Gold

By Yiannis G. Mostrous on Jun. 27, 2013

With exchange-traded funds still selling bullion and India's gold demand under pressure, investors shouldn't regard growing concerns about the global economy as a cue to pile into the yellow metal. Freeport McMoran Copper & Gold's (NYSE: FCX) low production costs and above-average dividend yield make the stock a solid bet for deep-value investors with a longer time horizon.

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