Gold and Resources
Lumber Prices: Imbalance means profit opportunity
Published on May 28, 2008
“As you might expect, the U.S housing slump is reducing demand for finished lumber. Meanwhile, timber, pulpwood, and paper prices are rising worldwide – but curiously, profit margins are eroding. What’s up with that?” — Don Miller
by Don Miller
Baltimore – (TFN): There’s a classic squeeze going on in the lumber markets [...]
Commodities Trading: Watch the country, not just the commodity
Published on May 22, 2008
“You get an idea of the fortunes that were to be made when that mine came into production, not just for everyone involved in the company, but also for the locals and indeed for the country. Unfortunately, that country was Ecuador.” — Dominic Frisby
by Dominic Frisby, MoneyWeek
Baltimore – [...]
Gold Mining Stocks: Jinshan (JIN:TSX) closes in on buy limit
Published on May 22, 2008
Baltimore — (TFN): After weeks and weeks of unsatisfying ups and downs for our Chinese-Canadian gold miner Jinshan Gold Mines Inc. (TSX: JIN), the company is finally moving. April 29 marked a turning point for the stock when it hit our post-recommendation low of C$2.35 a share. Since then, we’ve been moving on up.
TFN had [...]
Natural Resources Stocks: A speculative miner
Published on May 21, 2008
“Either commodity prices must fall or junior miners must rise and close the gap. I don’t see commodity prices falling significantly from present levels. They stand as protection against currency debasement which happens to be a growth industry these days.” — Russell McDougal
Blogger’s note: Russell McDougal has [...]
Food Crisis 2008: Invest in Genetically Modified Food
Published on May 17, 2008
by Krista Das
Baltimore — (TFN): The food crisis of 2008 is much different from any that we’ve seen in years past. It’s not about famine in one country anymore. It’s about poverty and malnutrition worldwide. Fifteen percent of the world’s population lives on just one dollar a day. With food costs rising on average by [...]
Commodities Trading: Did ethanol cause high food prices?
Published on May 16, 2008
“The Bush administration is currently disputing the International Monetary Fund’s claim that increased production of biofuels, namely ethanol, is the biggest factor in rising food prices.” — Jason Simpkins
by Jason Simpkins, Money Morning
Baltimore — (TFN): U.S. consumer prices rose less than forecast in the month of April, assuaging some inflation fears, but food prices experienced [...]
Gold Prices: Hedging your bets
Published on May 15, 2008
“That key marker of investor anxiety, the gold price, fell 15 percent from its top of mid-March to the end of April. The preceding surge had taken gold bullion up from $650 per ounce in August to above $1,030 the day after Bear Stearns was sold to J.P. Morgan.” [...]
Gold Prices: Why the drop?
Published on May 13, 2008
“Take, for example, the recent news stories regarding the Gold market. According to the in-crowd, three main coordinates will always point gold prices due NORTH.” — Nico Isaac
Blogger’s note: Despite the dollar being down and other resources being up, gold has fallen in the last month. So what’s going on with the yellow [...]
Lost and Found: A natural resource resurfaces
Published on May 12, 2008
“It’s a metal that, like other natural resources, has been around a long time. People thought it was some sort of lead compound. It was, however, officially “discovered” by German-Swedish chemist Carl Wilhelm Scheele in 1778.” — Chris Mayer
by Chris Mayer
Baltimore – (TFN): The highest natural arch [...]
Technical Analysis: Precious metals peaked?
Published on May 9, 2008
“Short term gold must hold $850 or run the risk of running to $825.” — Warren Bevan
Blogger’s note: Warren Bevan operates the Precious Metal Stock Review website. And he recently offered Penny Sleuth readers advice on their metals investments. In his words, “Either way we look at it the metals will be higher this time [...]
Commodities Trading: Boom or bust?
Published on May 8, 2008
“Most people are concerned about the rising costs of commodities. Investors and fund managers are always asking me if this is a commodities bubble and when it will burst.” — Kevin Kerr
by Kevin Kerr
Baltimore – (TFN): It seems everywhere I go, people want to learn more about [...]
Update: 37% gains on Saskatchewan Potash Corporation (POT:NYSE)
Published on May 6, 2008
by J. Christoph Amberger
Baltimore — (TFN): Some of our dear friends in the financial publishing business really don’t like our Hot Stock Pick of the Week. One executive told me that giving away a free stock recommendation a week is more than most trading information services offer that retail for thousands of dollars. (Of course, [...]
Technical Analysis: “Gold’s uptrend ended on March 17!”
Published on May 4, 2008
Blogger’s Note: There’s a surefire way to tell the approaching end of a bubble: The sellers of bubble commodities… Internet shooting stars and brokers, real estate brokers and developers, and, most recently, gold coin salesmen… splurge on television and newspaper advertising.
Of course, there are more scientific methods: Elliott Wave analysis called for a steep [...]
Dollar Reversal: Is the commodities bubble ready to deflate?
Published on May 1, 2008
by J. Christoph Amberger
Baltimore — (TFN): Declining from an all-time low of almost $1.60 per euro in April, the dollar has risen on better-than-expected economic data. After unexpected (if only nominally) positive GDP growth in the first quarter, unexpected (if only nominally) positive job growth in April, the Commerce Department announced on May 1 that [...]
Commodities Trading: Not-so-free rice
Published on May 1, 2008
“On April 1, 2008, I landed in the second-largest rice-exporting nation in the world. This wasn’t always the case, though.” — Sara Nunnally
by Sara Nunnally
Baltimore – (TFN): Vietnam’s rice industry came out of nowhere. The Economist has a neat article titled, “From Basket Case to Rice Basket” that you [...]
Food Prices: The road to revolution?
Published on April 30, 2008
by John Browne, Senior Market Strategist Euro Pacific Capital
Baltimore — (TFN): Last week, food shortage became an American reality. Costco, Wal-Mart and other food stores limited the purchase of certain food staples in bulk form. Purchases of rice in California and of oil and flour in Queens were restricted. Customers were angry, voicing strong concern [...]
Waterworld: Irrigation and solar energy
Published on April 30, 2008
“You may not be aware of the impacts that fuel and electricity prices have on water supply… Today, dear reader, we have the solution and one micro cap with the solar energy technology to solve this problem.” — Jim Nelson
Blogger’s note: The first thing you think of when considering fuel [...]
Corn Prices: A cold spring means higher prices
Published on April 29, 2008
“America is the world’s king of corn. If our crop is going to be light, that puts corn prices on the launch pad.” — Justice Litle
by Justice Litle
Baltimore — (TFN): You can see (in this chart) that corn looks ready to challenge its recent high — and on rising volume, too.
Now for the fundamentals behind [...]
Dwindling Natural Resources: A famine is on its way
Published on April 28, 2008
“Neo-Malthusianism has a tragic message for the modern world.” — Lord William Rees-Mogg
Blogger’s note: Thomas Robert Malthus was a 19th century economic theorist who predicted the world’s natural resources could not keep up with its population growth. We managed to avert this situation in the last century, but Lord William Rees-Mogg of Whiskey and [...]
Market Expert: “$1,200 gold not out of the question.”
Published on April 26, 2008
by Krista Das
Baltimore — (TFN): The state of the U.S. economy has been a source of much controversy. Are we in a recession? Could we actually be slipping into a depression? Just how bad are things going to get and when are the mass layoffs, the continued devaluation of the dollar, and poor stock performance [...]
