Category

Commodities

Childish Hacks Have Their Thumb on the Scale, but This Sector Will Soar Anyway

postcards from the florida republic: An independent and profitable state of mind. "Calvinball" was a game in Calvin and Hobbes, a famous daily comic strip about a young boy and his “come-to-life” stuffed tiger. Calvinball had one rule: The game can’t be played the same way twice. Young Calvin lacked the patience for games with strict rules […]

Read More…

Commodities

What T. Boone Pickens Taught Me About Investing in Commodities

I’d first met Boone in part because I had mocked Peak Oil as yet another nonsense Malthusian fantasy.At a 2014 Stansberry Research Conference event in Dallas, T.Boone conceded that he’d been dead wrong about Peak Oil.

The most important lesson T. Boone taught me was that commodity industries – like oil and gas – that require huge capital investments are fraught with risk.

commodities

Here's Where Industrial Metal Prices Are Headed in 2020

There is one common thread running through the industrial metals sector right now: the trade war.

Yes, it's true that the United States and China have recently announced an inspiring phase one trade deal.

That will reduce certain U.S. tariffs on Chinese goods, while increasing Chinese buying of American farm products, manufactured items, and even energy.

It's an encouraging start.

But until the trade issue is more fully resolved, it's likely to remain a cloud overhanging the economy.

Still, I think the outlook for industrial metals is bright in 2020. Here's why...

Commodities

Stocks Are Down, but Uranium Is Set for a Double-Digit "Trump Bump"

Nine years into the longest, richest bull market since World War II, and the tank's nearly empty.

Even before equities started to slide in February, finding a company priced for value was like finding a needle… in a stack of needles.

From a technical perspective, the bull run isn't over just yet, but odds are good it's much closer to its end than its beginning.

That's one of the reasons I recently recommended beefing up your position in commodities, which are just beginning a secular bull "supercycle," for maximum upside – and strong protection against the inevitable slide of pricey, worn-out stocks.

So it won't be long before commodities bargains get scarce, too, but there's one in particular that's still trading at, frankly, ridiculously low prices.

I'm talking about uranium, of course, and I don't think it will be "on sale" much longer.

You see, it's just made the White House's revised list of metals critical to U.S. security. But that's not the only reason to make a move right now.

Because when bull markets in this unloved commodity get roaring, returns can easily top 1,000%...

Commodities

Now Is the Best Time in 50 Years to Make This Move

It's plain and simple: Commodities are back.

The most cyclical, and sometimes most volatile, sector is back in full "bull" mode.

The market has definitely turned: Volatility is back in stocks in a big way, the dollar is anemic – in outright free fall – fears of inflation are on the rise, and destructive, expensive trade wars loom.

On the other hand, after hitting its lowest levels in more than 20 years back in January 2016, the widely followed Commodity Research Bureau (CRB) Index is now up about 28%.

You don't have to take the numbers on their own: Some of the world's most accomplished and highly respected money managers have lately come out in favor of commodities, saying resources are the place to be in 2018 and beyond.

There's a confluence of factors making the case that we're in the very early innings of a monster commodities bull market.

Let me prove it to you - and show you my favorite way to cash in on the developing supercycle...

Global Market

World Financial Markets Still Impacted By Dovish ECB Meeting

World stock markets were mostly firmer overnight, on generally upbeat corporate earnings that were reported late this week. U.S. stock indexes are pointed toward firmer openings when the New York day session begins.

Gold prices are slightly lower and hit a three-week low overnight, amid a lack of risk aversion in the marketplace. Gold and silver bears have downside technical momentum.

The currency markets are still feeling the effects of Thursday's European Central Bank monetary policy meeting, which resulted in no interest rate changes from the ECB.

Global Market

Many World Markets On Hold Ahead of ECB Meeting Results

World stock markets were mixed in quieter trading overnight. U.S. stock indexes are pointed toward narrowly mixed openings when the New York day session begins. Stock markets and other financial markets are on hold as traders and investors are awaiting the key markets event of the week: Thursday's European Central Bank regular monetary policy meeting. Many expect the ECB to announce more details on the winding down of its big bond-buying program.

The Euro currency could see volatile price action in the immediate aftermath of the ECB meeting, including ECB Chief Mario Draghi's press conference.

Gold prices are near steady in pre-U.S.-session trading. The yellow metal bears still have technical momentum on their side.