Gold and Resources
Monsanto (MON) selling synthetic milk hormone rights to Eli Lilly (LLY)
Published on August 22, 2008
“You’d assume the controversy is part of the price, so there must be some other reason Lilly wants this asset. Maybe it’ll help them sell other products to those farmers. Animal health as a component for all pharma companies is a business they want to grow.” — Charles Anthony Butler, Lehman Brothers [...]
Buy coffee for an easy 25% gain
Published on August 20, 2008
“There are, no doubt, coffee market analysts noting their findings on the black bean with great care, diligence and detail, but none, to my knowledge, write what you might call ‘page-turning prose’. A chart can tell you all you need to know. What it cost, what it costs now [...]
Gold prices continue to fall
Published on August 19, 2008
After a short-lived breather, gold continues to sell off. So does crude oil, platinum, the euro.
The Speculative Downside of Gold
Published on August 19, 2008
We may shortly be at the beginning of Jimmy Carter’s second presidency. After “windfall taxes” have made a populist return, will we see 14% inflation and record gold prices again?
Commodities sell-off: The gold bubble is deflating
Published on August 18, 2008
Speculative commodities like oil and gold are selling off at alarming speed as funds liquidate losing positions and buyers retreat to wait for a bottom. There are some tell-tale signs that the bubble has popped. Amberger tells you what to look out for…
Don’t buy another ounce of gold before you read this!
Published on August 18, 2008
In a world of doomsday prophets, seek rational advice before you buy speculative assets such as gold.
Hard Money inflation: Oil and gold continue to plunge
Published on August 15, 2008
Plunging gold and oil prices mean one thing: Welcome to the commodities bear market of 2008!
Gold continues to fall in Asian trading: Next stop $750?
Published on August 14, 2008
Two days ago, we predicted gold would drop below $800. It did, in early Asian trading…
A new high for gold prices?
Published on August 13, 2008
“In typical fashion, gold and silver have not been playing to the script. A war breaks out between Russia and Georgia. You’d expect gold to rise. But the opposite happens: we get one of the most violent sell-offs in recent memory.” — Dominic Frisby
Blogger’s note: Gold prices have fallen through the floor this week. And [...]
“Surprise” commodities downturn? Hardly. TFN told you so — in May!
Published on August 12, 2008
Were you surprised by the commodities ownturn? You shouldn’t have been. We told you it would happen three months ago.
Gold bubble continues to deflate
Published on August 12, 2008
The gold bubble is continuing to deflate, right alongside the oil and euro bubble. Just how far? Jon Nadler provides perspective.
Demand destruction for gold?
Published on August 11, 2008
Is demand destruction applicable to gold? The big question now is how far both will fall. Gold was trading at around $660 an ounce a year ago and silver was at $11 an ounce. If they retrace and revert to the mean we could see these prices again relatively soon.
Gold price plunge: Indian gold buyers on the sidelines, waiting for better prices
Published on August 10, 2008
Plunging gold prices have the famed “Indian gld buyers” waiting on the sidelines, waiting for further drops.
Commodities plunge: Is the hard asset bubble over?
Published on August 8, 2008
Commodities have fallen dramatically. Yet each price chart indicates that there’s plenty of value still to be shed just to erase the gains of 2008!
Avoid Lonmin (LMI:London) After Xstrata (XTA:London) Refusal
Published on August 7, 2008
“This isn’t good news for the platinum miner, which says it’s being grossly undervalued and Xstrata is just taking advantage of the recent slide in commodities prices to lowball Lonmin.” — Stephanie Grimmett
by Stephanie Grimmett
Baltimore — (TFN): Xstrata (XTA:London) is loooking to buy, and it’s not too particular about how.
The British-Swiss mining company was [...]
Rare Earth miner Avalon Ventures (AVL) hits trailing stop at 50% gains
Published on August 7, 2008
Our rare metals miner Avalon Ventures (AVL:TSE) triggers our trailing stop.
by J. Christoph Amberger
Baltimore — (TFN): Our Indium speculation Avalon Ventures (TSE:AVL) had overed between 65-70% gains over our initial recommendation from March 27. (See “Indium IPO: Buy or pass on this rare-metal IPO?”)
Last time we updated you on this stock, we wrote:
“At this point, [...]
Potash Corp. Saskatchewan (NYSE:POT) appears caught in an industry downturn
Published on August 5, 2008
Potash Corp. Saskatchewan (NYSE:POT), the aptly named chemicals and potash producer, finished another day in the red, finishing the day at $173.31 — despite a rip-roaring rally on the American stock exchanges. But the entire industry has been hit hard. What to do about potash?
Beijing Series II Six-Coin Gold and Silver Set looks like a winner
Published on August 5, 2008
Demand and excitement surrounding the Beijing Series II 6-piece Gold and Silver commemorative Proof Set has reached a “fevered pitch”—not just in China, where all three six-coin gold and silver series have already sold out—but worldwide.
Gold Price Plunges: You might as well hold stocks
Published on August 5, 2008
Gold is behaving just like the speculative commodity it is. Just like oil — whose realistic and immediate upside is $150, $200, $500, depending on who you ask and which plummeted $30 in the last two weeks — gold is hitting the skids right now: Today, gold for December delivery fell to $895.50, down $12.40.
Saskatchewan Potash Corporation (NYSE:POT) is not quite cheap enough to re-enter
Published on August 4, 2008
After booking 50% gains on Saskatchewan Potash Corporation (NYSE:POT), we’re not quite ready to re-enter this stock, even at current financials.
