The final major base metal is aluminum. While it did mirror the surges of copper and zinc, in magnitude terms it didn't even come close to seeing similar gains. With aluminum's recent secondary surge only up 38%, I would classify it as a strong upleg and not even a quasi-parabola. This also suggests that aluminum's necessary correction to rebalance sentiment should be considerably milder than copper's or zinc's.
mehr:
If you aren't happy with all these technicals pointing to probable ongoing corrections in copper, zinc, and nickel, then you should be pleasantly surprised by lead. Lead's own quasi-parabolic surge topped in early February and it has been correcting ever since, off 30% so far. Unlike the other base metals, lead is already back down to its technical strong-buy zone below its 200dma from whence its next upleg is likely to launch.
mehr:
Nickel, which is primarily used to make alloys like stainless steel, has also joined in the recent extraordinary base metals action. Interestingly though, nickel's recent runup was nowhere near as extreme as those of copper and zinc. Nickel, thanks to its earlier 2003 parabolic ascent, also illustrates the potential aftermath of a parabola in the midst of a strong bull market.
mehr:
Interestingly zinc's parallel parabolic surge is even more extreme than copper's! This metal skyrocketed 98% in just 58 trading days and ultimately crested at unthinkable levels over twice as high as its baseline 200-day moving average. Like in copper though, such incredibly fast surges leading to verticality are never sustainable. Zinc's necessary correction to rebalance its sentiment has already started.
mehr:
Copper is the undisputed king of base metals. In the heavily wired Information Age, this efficient conductor is ubiquitous in everything from buildings to cars to electronics. It is one of the most essential commodities for modern civilization. In the markets, copper usually sets the tone for the rest of the base metals. As such, copper is the best place to start examining the current base metals technicals.
mehr:
Top metal holdings in the fund are silver miner Silver Wheaton Corp. (SLW), at 2% of assets; GoldCorp Inc. (GG), 1.6% of assets; and copper and gold producer Northern Orion Resources Inc. (NTO), 1.3% of assets.
FSN
JUNE 10
1st Hour with Jim & Gang
Frank Barbera Market Technician
3rd Hour with Jim & John Loeffler
A Conversation With a Mining Executive
1. We're rapidly growing, with a large pipeline
2. International diversification within mining-friendly countries
3. Financial strength to fund growth is supported by our low-cost LaRonde mine
4. Agnico-Eagle's experienced mining team is well-suited to extracting value from our project pipeline
Goldman Sachs Conference – New York vom 25.05.2006
http://library.corporate-ir.ne…oldmanSachsConference.pdf
Für diejenigen, die sich etwas näher mit Newmont Mining beschäftigen wollen, der Link von der neuesten Präsentation:
Crystallex: "I think you can buy it."
Cramer's 'Mad Money Lightning Round': Comcast in the Forecast
Lightning Round
Bullish
...Crystallex International (KRY:NYSE)
Cramer's 'Mad Money' Recap: General Malaise
http://www.thestreet.com/_mktw…moneywrap/10288751_2.html
Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela. Recent expansion and anticipated increases in production will lift Crystallex from the ranks of a junior producer to one in the intermediate range.
I gave a talk on the commodities boom -- and why it will last longer than the usual commodities boom -- at the Las Vegas Money Show in mid-May. You can find a link to the PowerPoint version of that talk here. In that presentation, I recommended stocks such as BHP Billiton (BHP:NYSE), Phelps Dodge (PD:NYSE), Newmont Mining (NEM:NYSE) and Companhia Vale Do Rio Doce (RIO:NYSE).
http://www.thestreet.com/_mktw…investing/10288758_3.html
Buy gold stocks, such as Newmont Mining and Glamis Gold (GLG).
Welcome to Newmont Mining Corporation, a leading gold producer with operations on five continents. Newmont is also engaged in the exploration for and acquisition of gold properties in some of the world's best gold districts.
Employing approximately 28,000 employees and contractors worldwide, Newmont operates core assets in North America, South America, Asia, Australia, and Indonesia, with new mine projects currently being developed. Our mines also produce copper, silver, and zinc. Newmont is committed to high standards and leadership in the areas of environmental management and health and safety for its employees and neighboring communities.
Founded in 1921 in New York City, Newmont has been trading on the New York Stock Exchange (NYSE) since 1925. In addition to the NYSE, Newmont trades on the Australian and Toronto stock exchanges. Newmont is headquartered in Denver, Colorado. We invite you to explore Newmont’s world of gold.
If your portfolio is underweighted in any of your long-term trends, use weakness to bring your exposure up to your target level. So, for example, I'd like to have about 15% of my portfolio in gold, given my belief in the inflation trend. This equally weighted portfolio -- all stocks start out with the same dollar investment -- is fully invested at 33 stocks. Right now I hold 30, and three of those are gold stocks: Newmont, Glamis Gold and Anglo-American (AAUK:Nasdaq). So, I'm going to add another gold stock by repurchasing GoldCorp (GG:NYSE) to bring my exposure up to 13%.
Turn Short-Term Fear Into Long-Term Profit
http://www.thestreet.com/_mktw…investing/10288758_4.html
Anglo American is a global leader in mining and natural resources. Our diversified products are essential parts of modern life. Anglo American is committed to operating in a profitable, sustainable and responsible way.
Federated Investors (NYSE: FII), Goldcorp (NYSE: GG), and Leucadia National (NYSE: LUK), for instance, make up three of the top five holdings, but only account for 0.65%, 0.58%, and 0.58% of assets, respectively.
Here are other commodity and energy names that show good upside potential in the weeks ahead:...Glamis Gold (GLG:NYSE) and Agnico-Eagle Mines (AEM:NYSE).
The Market May Have Bottomed
http://www.thestreet.com/_mktw…BSM&cm_cat=FREE&cm_ite=NA
Buy gold stocks, such as Newmont Mining and Glamis Gold (GLG:NYSE).
Turn Short-Term Fear Into Long-Term Profit
http://www.thestreet.com/_mktw…BSM&cm_cat=FREE&cm_ite=NA
Here are other commodity and energy names that show good upside potential in the weeks ahead: ... Glamis Gold (GLG:NYSE) and Agnico-Eagle Mines (AEM:NYSE).
The Market May Have Bottomed
http://www.thestreet.com/_mktw…BSM&cm_cat=FREE&cm_ite=NA
Agnico-Eagle Mines Limited is an international growth company focused on gold, with operations in Canada and advanced-stage projects and opportunities in Canada, Mexico, Finland, and the USA. Agnico-Eagle's LaRonde Mine in Quebec is Canada's largest gold deposit and is a strong foundation for international expansion.
"What's good for General Motors is good for America,"
http://finance.yahoo.com/columnist/article/richricher/4353
Werden Sie endlich Ihre Investoren und Mitarbeiter fair behandeln?
Werden Sie der Bevölkerung der USA endlich die volle Wahrheit sagen und Ihre eigene Inkompetenz zugeben und damit aufhören irgendetwas vorzugeben?
Die volle Wahrheit über die öknomische Lage der USA ihrer eigenen Bevölkerung zu sagen wäre ein guter Anfang für eine wirtschaftliche Erholung!
Die Politiker im White House dienen als erstes nur ihren eigenem Selbstinteresse und nicht ihrem Land.
Kann man den Managern von den Unternehmen aus dem Dow Jones vertrauen?
Nach meiner Meinung kann die Bevölkerung der USA sehr besorgt über ihre wirtschaftliche Zukunft sein!, weil "What's good for General Motors is good for America," eintreten wird!
3rd Hour with Jim & John Loeffler (actually 2hrs +)
Other Voices: Other Voices: Richard Loomis, World Energy Source, and Bill Murphy, Gold Anti-Trust Action Committee
JUNE 3
1st Hour with Jim & Gang
Frank Barbera Market Technician
2nd Hour Roundtable
New Era or The Perfect Financial Storm?
Special Roundtable discussion with Frank Barbera & Brian Pretti, Contrary Investor
Press Release Source: Apogee Minerals Ltd.
Apogee Minerals Ltd.: New Bolivian Mining Code Draft Proposes Fiscal and Tax Stability
Thursday June 1, 8:00 am ET
http://biz.yahoo.com/ccn/060601/200606010331044001.html?.v=1
