Copper up? Check. S&P melt up? Check. FTSE up? Check. Gold up? Check. Will we remain stuck in this strange parallel universe and see Kazakhmys the cheapest copper play bar NONE open down again or will I finally break free from groundhog day? Answers on a postcard to editor@spreadbetmagazine.com. In fact, for the respondent that…
And so, Santa delivered again this year, albeit somewhat belatedly for the FTSE relative to other markets and continuing the underperformance of the index seen for much of this year, in large part due to the underweighting of technology stocks – the go go sector this year and the large degree of mining plays in…
Robert Wilson hedge fund titan Below is an excerpt from an interview at the turn of the millennia from hedge fund legend Robert Wilson and who died this Xmas holiday. RIP “Tell me a little bit about the story — you went on a trip around the world one time. I was on a trip around…
As the negativity towards gold bullion increases, and the influx of easy money is in jeopardy, one key question is being asked: how low can the prices of the yellow shiny metal really go? Remember the decline in gold bullion prices in late June? When the prices fell below $1,200 an ounce then, we heard…
It is getting more difficult to understand the logic underlying current monetary policy in the U.S. There are two main channels by which economists think monetary policy can influence growth and employment. The first is to lower interest rates to spur investment and consumption spending. The second is to induce inflation so real wages drop, spurring output and…
Risers: Serco Group. +3.3% The international service company, announced Monday that it secured a six-month extension to its contract with the Australian Government Department of Immigration and Border Protection to provide detention services at centres on mainland Australia and Christmas Island. TomCo, +30% Shares in the oil shale exploration and development company focused on using…
