Uncategorized
Mining stocks still look bright for the stock market in 2008
Written by Michael Vass
There is nothing that feels as good as being vindicated on an idea. As a former stockbroker I especially like to hear that I got it right. But I realize that my vanity is only a personal joy and mining stocks are the real winners.
I have said in August and September, as [...]
When China Goes - Mining Stocks Go
If the recent trends continue, mining stocks may turn out to be one of the worst performing sectors of 2008 when the first 6 months looked oh so promising. A slowdown in China’s economy is having a devastating effect on commodity markets as demand for construction materials and materials used in exports slows down among [...]
Are mining stocks the safe haven from the bailout crisis?
Written by Michael Vass
There is no deal on the bailout of the U.S. financial markets as of this moment. Treasury Secretary Paulson is in the White House as I type trying to create a new plan. The Congress is busy trying to make their own plans as well.
That is the situation that the world markets [...]
Mining stocks in the 2nd half of 2008
Written by Michael Vass
Oil is in the middle of the summer breather, gold has backed off the stellar highs reached in the 1st quarter. Inflation is in the background, and the mortgage housing crisis continues to hinder the financial markets. Well back on July 2nd I mentioned that
“Energy shortages, most notably in South Africa [...]
Commodities: Anxiety and Performance
Oil, precious metals and farm products are causing anxiety for consumers at the gas station and the supermarket and we anticipate continued escalation in the gas and food prices. The unique market dynamics to this almost recession have created a situation in which commodity mutual funds may be your best hedge against rising gas and [...]
Doom, gloom, and the silver lining in mining stocks
Written by Michael Vass>
As I recall, back in December I spoke about the chance of the Dow Jones hitting 11,000. It was roughly the same time that I mentioned my targets for the price of oil (initially 110 and then upped to 125). So far one has exceeded my expectations the other is probably forthcoming [...]
A Bullish Case for Silver
Since 1990, silver demand has exceeded supply each and every year reducing stockpiles.
If that’s not bullish enough for you, this interview with Bob Quartermain, CEO of Silver Standard Resources Inc., is an extremely bullish article for silver stocks.
Rating 3.00 out of 5
[?]
Oil shale: questions and opportunity
Written by Michael Vass
As I write this President Bush is expected to discuss offshore oil drilling in America, and the opportunity of Oil Shale mining. In recent years I have heard a lot about oil shale and its mining, but I really didn’t know anything about it. Like most I expect the thought of oil [...]
Calling NASA about mining stocks
Written by Michael Vass
On the best day, in the best markets, investing is difficult and stressful. But the current market environment is far from the best of anything. Even so there are a few things we can definitely say about this current cycle. Most notable is that this may well be the year of raw [...]
Flying Conservative in the Mining Stocks
It sure sounds like a paradox of words but if there’s anything conservative about the mining sector, there are some funds out there which will allow you play the mining sector while still sleeping at night.
Vanguard Precious Metals and Mining, USAA Precious Metals and Minerals, Oppenheimer Gold and Special Minerals, Fidelity Select Gold, and U.S. [...]
The state of mining stocks so far
Written by Michael Vass
The question in recent days has become, will another fall. Will another major investment bank in America become so unstable due to exposure to sub-prime loans that it will either fold or, if big enough, be bought at a fire-sale price.
Of course this instability has been wonderful for crude oil and gold. [...]