Researching gold stocks takes up a big chunk of my time. So as editor of Diggers and Drillers, you might ask why I’m not attending the annual Gold Symposium in Sydney with your regular editor, Dan Denning. The truth is I’d love to have gone. Some of the best and brightest in the gold sector are presenting. The timing of the conference is excellent as well. Gold spent most of last month out of the spotlight, finding strong buying support in the $1600s. But it has quickly bounced more than 7% in recent weeks to be closing in on $1800 again.
November 15th, 2011 | Dr. Alex Cowie | 3 comments | ContinuedArchive for Dr. Alex Cowie
Dr. Alex Cowie is the editor of Diggers and Drillers, Australia's premier resource stock tip sheet.
Four commodity investment ideas from around the world
We asked Diggers and Drillers editor, Alex Cowie – just back from the equivalent of two round-the-world trips in seven days – to summarise for readers the four most important ideas from the commodities market, in light of recent events and the long-term supply-and-demand stories he’s tracking. Here’s what he wrote…
September 3rd, 2011 | Dr. Alex Cowie | 3 comments | Continued
Dancing on Uranium’s Grave… But it ain’t Dead Yet
The old saying goes that that ‘the best time to buy is when there is blood on the streets’. When the revolution is over, the markets collapse, and investors are destitute and bloodied. That is when a patient and stoic contrarian investor can walk in and buy assets at giveaway prices.
June 15th, 2011 | Dr. Alex Cowie | 5 comments | Continued
If Gold’s Going Up… Why Are Gold Stocks Falling?
Queen Elizabeth was born on the 21st April.Yet we celebrate the ‘Queen’s birthday’ today? Don’t get me wrong. I’m not complaining that we get the day off today instead. Otherwise it would be an even longer dry patch til the next public holiday – Melbourne Cup – five long months away in November.
June 13th, 2011 | Dr. Alex Cowie | 1 comment | Continued
How To Time Your Entry Into Silver’s Next Monster Rally
The saying goes that debt is the currency of slaves. This makes slaves of most of us, but few more so than those in the US. We all know that the US is up to its ears in debt. The official figure for the national debt is $14 trillion, which is a ridiculous number however you cut it.
May 18th, 2011 | Dr. Alex Cowie | 6 comments | Continued
Gold Moves East
The gold price kicked off this year with a fall. It dropped from $1422 / oz, down to a low of $1318 / oz by late January. This was a fall of just 7.3%, but still this gave all the gold bears something to rant about for a few weeks: ‘It’s the end of the gold bull market’, ‘I told you it was in a bubble’, and so on.
February 16th, 2011 | Dr. Alex Cowie | 3 comments | Continued
Silver Story
It all started with a scandal. Now something amazing has started in the silver market. The silver price took nine long months to crawl from $18 to $20. It then jumped by 50% to hit $30 in just three months. Last year it finished the year up by more than 68%, leaving most other commodities for dead.
February 15th, 2011 | Dr. Alex Cowie | 1 comment | Continued
Coal’s Winter of Content
or all the talk of gold, the fact is that the coal mined each year is worth FOUR times all the gold produced each year. Not to mention that coal is Australia’s biggest export earner as well. And as long as everyone believes the world is warming up then you won’t hear too often how coal fired power stations produce more power than any other source.
December 22nd, 2010 | Dr. Alex Cowie | 1 comment | Continued
Gold US$2,000? Try US$27,000!
The supply of gold is falling steadily. As with any other commodity the price of gold ultimately depends on just two things: The supply of gold, and the demand for gold. Before we get to the exciting part of the story, it is important to look at the supply of gold.
September 29th, 2010 | Dr. Alex Cowie | 27 comments | Continued
A New ‘Trade of the Decade’
If you’re going to be invested in a single metal this decade, my advice is to back copper. Specifically – companies that are sitting on long-life, high-quality copper resources. He dropped out of the spot light for a while there, but ‘Doctor Copper’ is making some big moves again.
September 22nd, 2010 | Dr. Alex Cowie | 7 comments | Continued
How to Sift Winning Resource Stocks from the Washouts
If you’re interested in Australian resource stocks, you need to keep an open mind and look outside our borders too. Because we’re so proficient at getting valuable stuff out of the ground, you tend to find talented Aussies wherever the resources are the world over.
September 20th, 2010 | Dr. Alex Cowie | 0 comments | Continued
Credit Ratings Agencies
Here’s a question for you: What do you call credit ratings agencies without any credit ratings? The answer? Standard & Poor’s, Moody’s or Fitch. An unexpected last minute change in the US Financial Reform Bill, being signed by President Obama this week, means that the credit rating agencies are now going to be accountable for the ratings they issue.
July 22nd, 2010 | Dr. Alex Cowie | 1 comment | Continued
An Uptrend in Commodities?
If the Renminbi were allowed to appreciate, then China would be able to afford more imports. For the things that China imports a lot of such as iron ore, copper and platinum, prices in these commodities should rise.
April 21st, 2010 | Dr. Alex Cowie | 2 comments | Continued
Ratings Agencies Put Spain on Negative Debt Watch
Spain’s debt has grown from 36% to 66% of GDP in the last two years. This is thanks to a budget deficit of 11.2 per cent this year, and will still be around 10.2 per cent for next year.
Not only that, but the unemployment level in Spain is heading for twenty per cent in 2010. Already a staggering 43 per cent of people under the age of twenty five are out of work.
December 10th, 2009 | Dr. Alex Cowie | 4 comments | Continued
