Tuesday , 24 October 2017


Other Commodities

These 10 Charts Suggest the Outlook for Gold Is Good for 2014 and Beyond

gold-truth

Very poor sentiment towards gold and oversold conditions is reminiscent of the conditions seen in late 2008 and January 2009 [as seen in the chart below] when gold prices had fallen by more than 25% in 9 months. Subsequently, gold rose from a low on January 15, 2009 at $802.60/oz to a high less than 12 months later at $1,215/oz for a gain of over 50%. A similar move today would see gold above $1,800/oz by year end.

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U.S. Energy Independence Is A Pipe Dream!

natural-gas

I don't want to kill the dream of U.S. energy independence but the fact is it won't become a reality overnight. It's entirely possible, however, that the North American continent [Canada, the U.S. and Mexico] can achieve energy independence within the next decade. [Let me explain.]

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Copper’s Largest & Most Important Producing Countries

Copper-USFS

Copper is one of the most important and popular industrial metals in the world. With 3% per year production growth since 1900, approximately 16 million tons of the metal was produced in 2011, according to the International Copper Study Group. Below, we outline some of the largest and most important copper-producing nations across the world:

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Copper Waterfall Suggests Drop in S&P 500 is Coming – Here’s Why

Copper-USFS

Dr. Copper, as it is affectionately known, has been a longstanding barometer of economic growth and historically has shown a high positive correlation to the S&P 500. However, over the past several quarters there has been an increasingly large disconnect between the performance of major indices and the price of copper. With copper hitting YTD lows it suggests that there is less demand and that growth is slowing down and this, in turn, forecasts lower levels for the S&P 500. Words: 420

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