Showing posts with label Copper. Show all posts
Showing posts with label Copper. Show all posts
Wednesday, June 8, 2011
Copper Anyone?
I talk too much about gold, a little about silver, so how about copper?? Looks interesting!
Saturday, June 20, 2009
The Chinese Apetite
Everyones fear is that the Chinese will develop the American appetite for everything. Imagine 1,330,044,544 people joining the Supersize Me club!
On June 11, 2009 the New York Times reported:
“According to J.P. Morgan, China’s iron ore imports were 33 percent higher in April than a year earlier. Crude oil imports were up nearly 14 percent, aluminum oxide imports climbed 16 percent and refined copper imports jumped 148 percent. Imports of coal soared 168 percent as Chinese utilities bought more foreign coal while trying to negotiate better prices with domestic producers.”
Does it look like China is slowing down?
On June 11, 2009 the New York Times reported:
“According to J.P. Morgan, China’s iron ore imports were 33 percent higher in April than a year earlier. Crude oil imports were up nearly 14 percent, aluminum oxide imports climbed 16 percent and refined copper imports jumped 148 percent. Imports of coal soared 168 percent as Chinese utilities bought more foreign coal while trying to negotiate better prices with domestic producers.”
Does it look like China is slowing down?
Monday, May 18, 2009
Nassim Taleb On Precious Metals
Nassim Taleb authored two great books "The Black Swan" and "Fooled By Randomness". After reading either one, you conclude that this guy is really bright. "The Black Swan" continues to be a hot "buzzword" for the unpredictable rogue wave lurking out in the future.
Recently, he was quoted on his prediction for gold and copper. Bloomberg states:
The current global crisis is “vastly worse” than the 1930s because financial systems and economies worldwide have become more interdependent, “Black Swan” author Nassim Nicholas Taleb said. “This is the most difficult period of humanity that we’re going through today because governments have no control,” Taleb, 49, told a conference in Singapore today. “Navigating the world is much harder than in the 1930s.” The global economy is facing “big deflation,” though the risks of inflation are also increasing as governments print more money, Taleb told the conference organized by Bank of America- Merrill Lynch. Gold and copper may “rally massively” as a result, he added. Taleb, a professor of risk engineering at New York University and adviser to Santa Monica, California-based Universa Investments LP, said the current global slump is the worst since the Great Depression that followed Wall Street’s 1929 crash.
Recently, he was quoted on his prediction for gold and copper. Bloomberg states:
The current global crisis is “vastly worse” than the 1930s because financial systems and economies worldwide have become more interdependent, “Black Swan” author Nassim Nicholas Taleb said. “This is the most difficult period of humanity that we’re going through today because governments have no control,” Taleb, 49, told a conference in Singapore today. “Navigating the world is much harder than in the 1930s.” The global economy is facing “big deflation,” though the risks of inflation are also increasing as governments print more money, Taleb told the conference organized by Bank of America- Merrill Lynch. Gold and copper may “rally massively” as a result, he added. Taleb, a professor of risk engineering at New York University and adviser to Santa Monica, California-based Universa Investments LP, said the current global slump is the worst since the Great Depression that followed Wall Street’s 1929 crash.
Thursday, February 19, 2009
Post Analysis on Puplava's Commodities Pick
In 2000-01 Jim Puplava in his Storm Series made a strong case for the purchase of commodities. His convincing analysis encouraged me to share his predictions with my inner circle of friends. I jumped in late in the game (Oct-07) for the final ascent and subsequent correction.
Sent: Tuesday, January 14, 2003 8:40 AM
To: Kirk A. Barrell
Subject: Bedtime reading
a interesting new article at financialsense.com.....
http://www.financialsense.com/stormwatch/update.htm
..........a snipit.....................
Given all of these uncertainties, where should one invest this year? I believe the "Next Big Thing" is going to be in "things" such as commodities. The big winners in this decade are going to be gold, silver, and energy. Other commodities from sugar, coffee, cocoa and grains, to other soft goods will also be winners. Commodity prices will rise because of two trends: a declining US dollar and rising populations and industrialization of developing economies.
The time for paper is over and the rise of "things" has just begun.
These charts reveal a very timely recommendation by Puplava.
Sent: Tuesday, January 14, 2003 8:40 AM
To: Kirk A. Barrell
Subject: Bedtime reading
a interesting new article at financialsense.com.....
http://www.financialsense.com/stormwatch/update.htm
..........a snipit.....................
Given all of these uncertainties, where should one invest this year? I believe the "Next Big Thing" is going to be in "things" such as commodities. The big winners in this decade are going to be gold, silver, and energy. Other commodities from sugar, coffee, cocoa and grains, to other soft goods will also be winners. Commodity prices will rise because of two trends: a declining US dollar and rising populations and industrialization of developing economies.
The time for paper is over and the rise of "things" has just begun.
These charts reveal a very timely recommendation by Puplava.
His "buy" recommendation was incredibly accurate. You might ask if he recommended selling before the fall 2008 deflationary downward spiral? The answer is "no". Puplava still foresees an inflationary depression with these commodities skyrocketing again. If he's right, it's time to load up. I'm holding steady with my commodity holdings. Checkout some ETF's that provide the easy option to participate in the commodities market:
http://finance.google.com/finance?q=gld
http://finance.google.com/finance?q=uso
http://finance.google.com/finance?q=ung
http://finance.google.com/finance?q=gsg
Subscribe to:
Posts (Atom)