April seems like such a long time ago. What were investors thinking then? As you can see from the chart below, April was the last time the ASX/200 traded near the 5,000 level. The index is nowhere near the 2008 high (as you can see). But maybe it’s getting ready to make a run to 5,000 by the end of the year.
September 29th, 2010 | Dan Denning | 3 comments | ContinuedAll Posts Tagged With: "metal"
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
Chinese Dollar Torture
Recently, the US Treasury Department released data showing an 11% decline in official Chinese holdings of US government bonds during the past year. For US dollar holders, this is a troubling trend. Not so much for those holding gold. To put it simply, the Chinese government isn’t adding to its US bond position…
September 20th, 2010 | Byron King | 6 comments | Continued
How Much is Too Much for Gold-in-the-Ground?
This year’s bumper gold-mining deals come as big discoveries have gone missing in gold…WHATEVER’S LURKING in Andean Resource’s data room – opened to suitors for two years, but now closed after GoldCorp trumped Eldorado’s US$3.3bn bid – it must be pretty spectacular.
September 8th, 2010 | Adrian Ash | 0 comments | Continued
Copper, the Metal with a Ph.D. in Economics
Copper has fallen more than 10% in 2010. It will probably go down a lot further.
February 8th, 2010 | Bill Bonner | 0 comments | Continued
Gold Doesn’t Always Need Inflation to Rise
If the feds succeed at inspiring growth without also causing higher levels of inflation, gold will be a bad place for your money – relative to stocks.
September 28th, 2009 | Bill Bonner | 5 comments | Continued
Gold is an Antidote to Paper
But what if you don’t own gold? The yellow stuff is now over $1,000. In fact, it looks like $1,000 could be a new support level for the metal – with most of the support coming from the Chinese.
September 18th, 2009 | Bill Bonner | 2 comments | Continued
