Global Mining Investing $69.95, 2 Volume e-Book Set. Buy here.
Author, Andrew Sheldon

Global Mining Investing is a reference eBook to teach investors how to think and act as investors with a underlying theme of managing risk. The book touches on a huge amount of content which heavily relies on knowledge that can only be obtained through experience...The text was engaging, as I knew the valuable outcome was to be a better thinker and investor.

While some books (such as Coulson’s An Insider’s Guide to the Mining Sector) focus on one particular commodity this book (Global Mining Investing) attempts (and does well) to cover all types of mining and commodities.

Global Mining Investing - see store

Click here for the Book Review Visit Mining Stocks

Download Table of Contents and Foreword

Friday, January 23, 2009

Gold rallied overnight in the US to $903.60/oz, a 4-month high. The 5% rise of $43/oz was attributed to expectations of a weaker than expected outlook for the global economy and volatile currencies. This is an interesting rationalisation by fundamentalists, but really it reflects no more than technical trading. Basically funds think its a good time to get into gold and they are buying within zones of weakness, and riding the rallies.
As we can see from the chart, gold fell to near $800/oz, so funds started jumping in. It is interesting that gold rallied to $900/oz, but did not break it convincingly. The implication is that gold traders are waiting until Monday to see which way the markets will go. Clearly they will be looking for a lead from the rest of the market. Expect some volatility in gold in coming weeks. Clearly moves of 5% are attractive for traders because gold is a pretty liquid market.
The fact that gold closed below $900/oz at $897/oz is a weak indicator, but the fact that it closed just $5/oz from its high could be considered a sign of strength. One need only compare the current chart with Sept 2008, where the gold rally was quickly sold into over $900/oz. The current strength suggests gold is going higher, though it might not happen for a few days. We need to look for direction from the market. Likely the market will find a lead from the Dow on Monday.
So what about the rationalisations of the gold fundamentalists? Well they are not wrong. Weaker global markets means less growth, reduced tax receipts, subdued earnings, greater welfare spending, tax increases and of course more government debt, and even printing of money at some point for those countries with weak credit ratings. This package of problems of course results in greater inflation since it implies more money and less economic activity.
The markets are not yet suggesting to me a breakout, though we are coming close to that point. Gold has risen to a point where it is making new highs, so that is a bullish sign, though in the short term, gold can still come off, and it might just do that. In these times of weakness its a good idea to buy.
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Andrew Sheldon www.sheldonthinks.com
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Global Mining Investing $69.95, 2 Volume e-Book Set.
Author, Andrew Sheldon

Global Mining Investing is a reference eBook to teach investors how to think and act as investors with a underlying theme of managing risk. The book touches on a huge amount of content which heavily relies on knowledge that can only be obtained through experience...The text was engaging, as I knew the valuable outcome was to be a better thinker and investor.

While some books (such as Coulson’s An Insider’s Guide to the Mining Sector) focus on one particular commodity this book (Global Mining Investing) attempts (and does well) to cover all types of mining and commodities.

Global Mining Investing - see store

Click here for the Book Review Visit Mining Stocks

Download Table of Contents and Foreword

Japan Foreclosed Property 2015-2016 - Buy this 5th edition report!

Over the years, this ebook has been enhanced with additional research to offer a comprehensive appraisal of the Japanese foreclosed property market, as well as offering economic and industry analysis. The author travels to Japan regularly to keep abreast of the local market conditions, and has purchased several foreclosed properties, as well as bidding on others. Japan is one of the few markets offering high-yielding property investment opportunities. Contrary to the 'rural depopulation' scepticism, the urban centres are growing, and they have always been a magnet for expatriates in Asia. Japan is a place where expats, investors (big or small) can make highly profitable real estate investments. Japan is a large market, with a plethora of cheap properties up for tender by the courts. Few other Western nations offer such cheap property so close to major infrastructure. Japan is unique in this respect, and it offers such a different life experience, which also makes it special. There is a plethora of property is depopulating rural areas, however there are fortnightly tenders offering plenty of property in Japan's cities as well. I bought a dormitory 1hr from Tokyo for just $US30,000.
You can view foreclosed properties listed for as little as $US10,000 in Japan thanks to depopulation and a culture that is geared towards working for the state. I bought foreclosed properties in Japan and now I reveal all in our expanded 350+page report. The information you need to know, strategies to apply, where to get help, and the tools to use. We even help you avoid the tsunami and nuclear risks since I was a geologist/mining finance analyst in a past life. Check out the "feedback" in our blog for stories of success by customers of our previous reports.

Download Table of Contents here.