Wednesday, June 24, 2009

Gold May Rise as The Dollar Drops

China have been accumulating massive amounts of commodities in the last 6 months or so , copper zinc oil aluminum , nickel , but the demand from the Chinese market have not picked up really except from the auto industry so the prices of commodities are likely to start to suffer in the short term , agricultural commodities may hold up a little bit better as they follow a whole different cycle from mining commodities ...The official currency of commodities The Dollar has collapsed against the Euro today The dollar yesterday dropped as much as 1.8 percent versus the euro, the most since May 8, The crude oil at $70 a barrel is at med cycle price .Gold Bullion for immediate delivery traded at $925.54 , Silver for immediate delivery rose 0.4 percent to $13.905 an ounce. Silver has outpaced gold this year, with an ounce of gold now buying about 66.53 ounces of silver . platinum climbed 0.4 percent to $1,166.50 an ounce. Palladium fell 0.5 percent to $235.50 an ounce .“The weakness in the dollar is going to have some positive impact on commodities,” Francisco Blanch , head of global commodity research at Merrill Lynch & Co Watch the video bellow....








What are ETFs?

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ETFs are portfolios of stocks, bonds or in some cases other investments that trade on a stock exchange much the same as a regular stock does.

At the moment, all ETFs are essentially index funds, which is to say they track the performance of a specific stock or bond market index or other benchmark.

The first ETFs to hit the market back in 1993 were SPDRs, or "Spiders," which track the Standard and Poor's 500 index of large-company stocks.

Several years later came "Qubes" (so named because of their QQQQ ticker symbol), which track the 100 largest nonfinancial companies on the Nasdaq. Qubes were all the rage prior to the market's meltdown in early 2000 because of they contained some of the best-known and, at the time, highest-flying tech stocks.

Today, by sifting through the offerings of the Big Kahunas in the ETF market -- State Street Global Advisors, Barclay's Global Fund Advisors and Vanguard -- you'll come across ETFs that track everything from the entire U.S. stock market to various slices of it: large stocks, small stocks, value, growth, energy, tech, utilities, REITs -- virtually any industry or sector of the market.

Looking to invest "Over there"? You'll find ETFs that track developed foreign markets overall, individual countries (Austria, China, Malaysia and the United Kingdom to name a few) or even emerging markets.

Want bonds? You can invest in ETFs that mirror the entire U.S. bond market, the corporate bond market, indexes of short-, intermediate or long-term Treasury bonds and TIPS (Treasury Inflation Protected Securities).

There are even ETFs that track the price of gold, and another in registration designed to track the price of oil, the first steps toward what may be a slew of ETFs for other commodities (Pork Belly ETFs anyone?).

All in all investors can choose from a smorgasbord of about 150 different types of ETFs. Click watch the video bellow for more...

Bob Chapman on Alex Jones Tv 24 june 2009

Bob Chapman The International Forecaster an ex 72 years old secret services agent . He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.

From 1962 through 1976 he specialized in South African gold shares. He and his family lived in Salisbury, Rhodesia (now Harare, Zimbabwe) and Johannesburg, South Africa from 1970 to 1973. During that time he did a great deal of further study into the South African mining industry.

Mr. Chapman belonged to The Traders Association for 25 years. He did all his own trading. During his South African years some was done directly through Johannesburg, but 95% was done through London brokerage firms. Hence, he has extensive contacts, both in London and on the Continent.

Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.

In 1976, after the Soweto riots, Mr. Chapman began buying North American shares exclusively for his clients. Up to that point only a handful of American and Canadian issues interested him, due to the high dividends the South African shares had paid out over the years. Between 1976 and 1988 his business surged from 1,000 to 6,000 clients, so the bulk of his business ended up being Vancouver Stock Exchange issues. For this reason he is very conversant with the quality of management, geologists, properties and traders on todays North American scene. He is well known.

From 1976 to present he has spoke and given workshops at over 200 business conferences worldwide, and has been on radio and TV hundreds of times. Until his retirement he was always judged by the attendees to be one of the top three speakers and never once was lower than first in workshops due to his vast knowledge of the mining business and his grasp of worldwide financial markets and political scenes.

In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
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