Commodities: Be bullish, You’re Not Buying at the Peak
May 7, 2013 by Gold Editor · Leave a Comment
SOURCE:[The Globe and Mail] – Gold has cratered into bear market territory. Ditto for silver and copper. Aluminum is in a big downtrend too, along with its metallic cousin nickel. The price of oil has been moving sideways and agricultural commodities are well off last year’s drought-induced highs. Glance at a list of commodities, and [...]
Gold versus Industrial Metals
February 20, 2013 by Gold Editor · Leave a Comment
SOURCE:[Speculative Investor] – The financial markets have begun 2013 in remarkably similar fashion to how they began 2010, 2011 and 2012. In each of these preceding three years the average market participant became optimistic about global economic growth during the first quarter, leading to weakness in gold relative to the industrial metals. Here we go [...]
Best Metals Forecaster Smirk Sees China Recovering: Commodities
November 15, 2012 by Gold Editor · Leave a Comment
SOURCE: [Bloomberg] – Industrial metals will rally through the middle of next year as the economy strengthens in China, the biggest user of everything from aluminum to zinc, according to the most accurate price forecaster tracked by Bloomberg. Justin Smirk of Westpac Banking Corp. (WBC) in Sydney beat as many as 25 others in predicting [...]
Copper rises to 4-1/2 month high after U.S. Fed stimulus
September 14, 2012 by Gold Editor · Leave a Comment
SOURCE:[Reuters]- Copper climbed to a 4-1/2 month high on Friday after the U.S. Federal Reserve launched a new round of aggressive stimulus that investors hoped would help bolster demand for industrial metals. The rally in base metals echoed a rise in risk appetite across financial markets after the Fed said on Thursday it would pump [...]
JPMorgan Copper ETF Plan Seen Creating Havoc by Merchant Groups
July 18, 2012 by Gold Editor · Leave a Comment
SOURCE: [Bloomberg] – JPMorgan Chase & Co. (JPM)’s plan to introduce an exchange-traded fund linked to copper will “severely disrupt” the market, a group of industrial copper users told the Securities and Exchange Commission. Funds backed by copper would leave less of the metal available for manufacturers, creating shortages and driving up prices, according to [...]
All You Need to Know about Junior Mining Stocks
June 14, 2012 by Gold Editor · Leave a Comment
SOURCE: [Resource Investor] – Let’s make something clear up front: junior mining stocks are not for the faint of heart. Legendary investor Doug Casey calls them “the most volatile stocks on earth.” They can and do regularly undergo massive swings, both positive and negative. It’s a really tough business. Many flame out. But all it [...]
China mine hunt turns to Africa, S.America, Asia
March 23, 2012 by Gold Editor · Leave a Comment
China mine hunt turns to Africa, S.America, Asia Author: Sonali Paul Posted: March 23, 2012 (Reuters) – Chinese firms are on the prowl for mining investments in Africa, South America and central Asia as they look to feed ever expanding domestic demand for key commodities, but are switching away from Australia and Canada, which are [...]
Japan Gold Export Most Since ’85 as Individuals Sell Jewelry
December 9, 2011 by Gold Editor · Leave a Comment
Japan Gold Export Most Since ’85 as Individuals Sell Jewelry Author: Yasumasa Song and Ichiro Suzuki Posted: December 8, 2011 Gold shipments from Japan, the world’s third-largest economy, are at the highest level since at least 1985 as individuals who purchased jewelry more than 20 years ago are selling it amid record prices. Shipments in [...]
Prosper As Red Metal Becomes ‘New Gold’
November 18, 2011 by Gold Editor · Leave a Comment
Prosper As Red Metal Becomes ‘New Gold’ Author: Peter Krauth Posted: November 17, 2011 The Statue of Liberty is one of the most recognizable American icons in the world. And as she towers 305 feet above Ellis Island, what’s Lady Liberty wearing? Copper – 60,000 pounds of it. Clearly, copper’s big in art. It’s also [...]
David Christensen: The Long-Term Investing Advantage
September 26, 2011 by Gold Editor · Leave a Comment
David Christensen: The Long-Term Investing Advantage Author: Sally Lowder (The Gold Report) Posted: September 26, 2011 David Christensen After more than 50 years of investing for long-term shareholder profit, David Christensen, head of ASA Gold and Precious Metals Limited—one of the world’s oldest and largest closed-end precious metal investment funds—is seeing some new opportunities emerge. [...]
