Thursday, April 7, 2011

Commodity: 10 Reasons to Short Gold Futures

Recently, I shared my research on the current valuation of gold companies. My primary aim was to show how gold stocks are immensely correlated with gold prices. Readers' interest was high, and extremely defensive. Therefore, after performing due diligence on the spread between gold futures and spot prices, I decided to short gold futures (x10) in European capital markets. While this is an extremely risky move for a long-term investor, I believe it was the right time to do so. Here are 10 reasons why I decided to take this risk:
Read More: http://seekingalpha.com/article/262086-10-reasons-to-short-gold-futures?source=feed

Industrial metals (copper, aluminium, nickel, etc.) daily review
http://www.stockmarketsreview.com/commodities/base_metals_daily_review_20110406_128838/

China's Chinalco sees strong copper, aluminium in 2011
(Reuters) - Growing global copper consumption and strong fundamentals are expected to support the metal's price in 2011, an executive at China's state-owned aluminium giant said on Tuesday.
http://www.reuters.com/article/2011/04/05/chinalco-outlook-idUSL3E7F505K20110405

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