![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh1Y5DnV62Kp_b540GdbZD0R0XUpJ5gPlVgg10jrANZl4gUa33xvTxixtgCa-8j4N4r8sxxoEO65mDTfHMRH39SZAuOyq5vwKXQP6sSWiSuNoux4Tnma6D0YGXdjng5hea7Z0SheQ/s320/copper+price+july+2015.jpg)
Phoenix-based Freeport McMoRan Copper & Gold, the world's largest publicly traded copper producer saw their stock plummeted to
$16.03 intraday.on Wednesday.
The price drop is not restricted to copper but is affecting all metals. Arizona produces about two-thirds of the copper used in the US, so the price has a big impact on jobs and the economy.
I guess that this is due to global economy issues? Perhaps the (blown way out of proportion greek issue?)
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