Gold and Resources
Gold prices are up. But jewelers like Bulgari have low expectations for 2009
Published on November 28, 2008
Gold may have gained… but its biggest users (like Bulgari) expect demand to continue falling.
The gold dichotomy: Demand rises, prices fall
Published on November 19, 2008
There are a lot of forces impacting the gold market, yet prices are barely moving. Demand is soaring, but prices are dropping. What gives?
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): It is an interesting time for gold investors. On one hand, gold prices should be soaring as investors flee to the precious metal for security. On [...]
GM’s Zero Valuation: Portent of things to come
Published on November 11, 2008
Toll Brothers Inc. (NYSE:TOL) is the latest company to call for large-scale government intervention. But after General Motor’s (NYSE:GM) disastrous day in the sun, and oil now dripping toward $50, it’s time to realize that zero is now a realistic projection of downside for almost all assets.
Porsche-engineered VW hedge fund massacre signals next leg in commodities rout!
Published on October 31, 2008
Stock markets are in violent flux. Safe-haven currencies are melting down. And Porsche punters just put hedge fund managers on notice: There is now massive pressure on funds to liquidate assets. Investors are piling into gold. But one top financial expert warns:
“Oil at $50… Gold at $500: This Crisis will affect ALL asset classes!” Here’s how to protect your portfolio… and DOUBLE OR EVEN TRIPLE your money. But you need to act before December 1!
Newmont Mining (NEM) warns investors, share price rises
Published on October 30, 2008
If you are going to invest in the mining industry, you had better have nerves of steel. Companies like Newmont Mining (NYSE:NEM) are reporting drastically slashed earnings, yet share price is on the rise.
By Andrew Snyder
Baltimore – (TFN): It is a confusing market for the world’s miners. Commodity prices are dropping, global demand is [...]
Gold prices set for further steep declines
Published on October 24, 2008
There is nothing left that could keep gold from sliding further. Applying the oil-to-gold ratio, the gold investor’s favorite tool in a precious metals bull market, every dollar shed by crude oil translates into a loss of $7.50 per once of bullion.
Gold price shocker: Oil-to-gold ratio now puts gold price at $550!
Published on October 22, 2008
“Oil at $50… Gold at $500: This Crisis will affect ALL asset classes!” — Here’s how to protect your portfolio… and double or even triple your money in the coming, merciless commodities sell-off!
Shocking Forecast: Oil-to-gold ratio now puts gold’s downside at $500… even $375 an ounce!
Published on October 17, 2008
Oil has lost over 50% — or $70 dollars per barrel — in four months. Could it lose another $20? What could that mean for gold? Let’s do the math: Oil at $50, applying the 7.5:1 ratio, leaves us with $375 per ounce of gold. A bit more than half of today’s post-plunge value.
Could Apex Silver Mines Ltd. (SIL) go bankrupt?
Published on October 15, 2008
Our sources indicate that Apex Silver Mines (NYSE:SIL) might be a promising short play at this point in time.
Wall Street rally: Check out Goldcorp (GG) and Barrick (ABX) and buy gold
Published on October 13, 2008
Wall Street is celebrating today. It was the biggest rally in Wall Street history, yet it just a three-day high. The jubilation will not continue and gold prices will soar. Use today’s action to profit well after today’s action subsides.
By Andrew Snyder
Baltimore – (TFN): I am starting to think Wall Street must have eaten [...]
Welcome back short sellers!
Published on October 9, 2008
Washington’s ban on short-selling ended last night. Is it any surprise the markets plunged and General Motors (NYSE:GM) and Morgan Stanley (NYSE:MS) got crushed?
By Andrew Snyder
Baltimore – (TFN): Once again, you can thank Washington for today’s insane plunge on Wall Street. When the SEC extended its temporary short-selling ban last week, it did so [...]
Recession Investing: Severstal (SVJTF) is crazy
Published on October 9, 2008
Russia’s largest steelmaker, Severstal (SVJTF) is planning a major Asian expansion at the worst of all possible times. But with the Russian economy in shambles and demand for commodities collapsing, the company can’t be serious.
by Stephanie Grimmett
Baltimore — (TFN): When in doubt, ignore the commodities crash and push your expansion through with sheer willpower. [...]
The Omaha Principle: Lindsay Corp (LNN) will rise again
Published on October 8, 2008
Lindsay Corporation (LNN) is doing everything right, and it has the profits to prove it. The company is a classic candidate for The Omaha Principle: A panicked market has made it super cheap.
by Stephanie Grimmett
Baltimore — (TFN): Lindsay Corporation (NYSE:LNN) reported nearly triple quarterly earnings today, and after an early surge, the stock [...]
Hershey (HSY): Kisses sweeten the recession
Published on October 8, 2008
While the rest of the world has been growing more bitter by the day, The Hershey Company (HSY) has been gaining back a little of its sweetness. Unlike the rest of the market, HSY may have already seen its bottom and be one the way back up. Should you buy?
by Stephanie Grimmett
Baltimore — (TFN): [...]
Has Aracruz Celulose (ARA) found a bottom?
Published on October 7, 2008
After sacrificing its CFO in the Brazilian currency crisis last month, Aracruz Celulose (ARA) stock was down for the count. But today shares aren’t continuing their crash. Have we seen a bottom in ARA?
by Stephanie Grimmett
Baltimore — (TFN): Brazilian pulp manufacturer Aracruz Celulose (NYSE:ARA) fired its chief financial officer a [...]
Rusal vs. Norilsk (NILSY): Who wins if nickel loses?
Published on October 3, 2008
Russian billionaires are squabling over the world’s largest nickel producer. But while they struggle for control, no one has considered what’s best for Norilsk (NILSY). Commodities prices are falling, and demand is sliding. Could Rusal save Norilsk? More importantly, does anyone care?
by Stephanie Grimmett
Baltimore — (TFN): Yet again, Russian billionaires are reenacting a Spaghetti [...]
Xstrata (XTA) and Lonmin (LMI): The buyout isn’t dead
Published on October 1, 2008
Xstrata (XTA) has dropped its $10 billion hostile takeover offer for Lonmin (LMI), or has it? Xstrata’s new investment could be a step toward a cheaper buyout attempt six months from now.
by Stephanie Grimmett
Baltimore — (TFN): Just as predicted, Xstrata (London:XTA) walked away from its hostile bid to buyout Lonmin (London:LMI) today. But [...]
Cosan (CZZ) down 14%: Sweet or bitter?
Published on September 30, 2008
Cosan (CZZ) actually saw overall gains from the market crash on Monday. But is it ready for an investment?
by Stephanie Grimmett
Baltimore — (TFN): The markets went mad yesterday, and I’m not just referring to the free fall due to the bailout bill. In the kind of wild insanity that ruled Monday, traders worth [...]
Will Xstrata (XTA) fill vacuum left by Lonmin (LMI) CEO?
Published on September 29, 2008
Lonmin’s CEO shocked the world by stepping down three days before the Xstrata (XTA) deadline. But the exit of Brad Mill leaves investors wondering not whether Lonmin (LMI) will accept the offer but if Xstrata will back out before it can.
Baltimore — (TFN): Three days before the Xstrata (London:XTA) bid deadline, and Lonmin [...]
Steel Industry Profits: Watch U.S. Steel (X) and Nucor (NUE)
Published on September 29, 2008
The global economy is slowing. Commodity-based stocks are dropping fast. For smart investors, it is creating a great profit opportunity. Keep an eye on U.S. Steel (NYSE:X) and Nucor (NYSE:NUE).
By Andrew Snyder
Baltimore – (TFN): For the past two years, unless you had scrap metal nailed down, locked up, dry walled in, or intruders fenced [...]
