Archive | February, 2009

February 5, 2009

Global Market Comments for February 5, 2009 Featured Trades: ($GOLD), ($SILVER), (BRK/A), (GS), (GE), ($SSEC), ($BDI) 1) UBS was matched by Goldman Sachs in raising its 2009 target for gold ($GOLD) up to $1,000, triggering a $30 rally to $920.While jewelry demand from India and the Middle East remains weak, this is being more than […]

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February 4, 2009

Global Market Comments for February 4, 2009 Featured Trades: (FCX), (CAT), ($BDI), ($BVSP), (EWC), (EWZ), (EWA) 1) There is a rare anomaly in the markets now, where mining stocks are trading at huge discounts to the metals they mine. Usually they trade at substantial premiums. This is the result of the credit crisis, as well […]

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February 3, 2009

Global Market Comments for February 3, 2009 Featured Trades: (SQM), (CGW), (TIP) Special 'Invade Bolivia' Issue 1) Politicians, industrialists, and environmentalists who see battery powered vehicles as the wave of the future are overlooking the fact that 50% of the world supply of lithium comes from impoverished, landlocked Bolivia. This is a country that until […]

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February 2, 2009

Global Market Comments February 2, 2009 Featured Trades: (BX) One month into the year, let's review where we are among major asset classes: '¢ Stocks are down globally and falling. The Dow is down 10% year to date. '¢ The long Treasury bond bubble has popped. Corporate bonds of all grades are on a tear. […]

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