Thursday, December 15, 2016

The Dollar Strength Will Continue

The U.S. Dollar strength is going to go on for a while. The U.S. Dollar is going to get overprices, the U.S. Dollar may even turn into a bubble. (EUR USD forex cross, USDJPY forex cross, SPDR Gold Trust ETF (GLD))

Wednesday, December 14, 2016

Gold: The One Thousand Mark

It may not get to one thousand dollars an ounce, it may not even get there at all. I am pretty bad at market timing. But if it does, I expect to load up. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Barrick Gold (ABX), Newmont Mining (NEM), Goldcorp (GG), Novagold (NG))

Tuesday, December 13, 2016

Gold: In The End Gold Will Turn Into A Bubble

I am a terrible market timer and a horrible short term trader. I own gold, I have hedged some of my gold. I expect that if gold gets on one thousand dollars an ounce, I hope I am smart enough to buy a lot of gold because in the end, this is all going to end in huge mess and in a bubble for gold. My price to remove my edges and to buy a lot more gold is under one thousand. (Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD))

Monday, December 12, 2016

Trump Rally: It Surprises Me That Investors Are So Enthusiastic

It surprises me that people are as enthusiastic as they are given that Mr. Trump says he is going to start trade wars. At the moment everybody seems to be focusing on the fact that he is going to cut taxes which is fabulous for any economy and that he is going to be building new infrastructure that we desperately need. Nobody seems to be focusing on where will the money be coming from, and secondly how are we going to do all this with trade wars.

Thursday, December 8, 2016

The Fundamentals For Crude Oil Are Improving

The fundamentals for crude oil are improving. For example, Saudi Arabia has not found any major oil field for a long time. Other big oil producers like Iraq, Iran or Nigeria have not found a lot of oil too. Only the fracking companies have found a lot of oil but they cannot make any money if oil prices are low. (United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Energy Select Sector SPDR ETF (XLE))

Tuesday, December 6, 2016

Gold: Interested If It Drops Below A Thousand (SPDR Gold Trust ETF (GLD))

I have not bought any gold for many years now and I am not a buyer of gold at these prices right now. I hedged my gold and if gold drops below a thousand dollars per ounce I may buy a lot more. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Market Vectors Gold Miners ETF(NYSE:GDX), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX))

Monday, December 5, 2016

Crude Oil Outlook: A Trading Range With Some Upside

I own some crude oil but I am not a good market timer or a good trader. My view is that we are in a complicated bottoming process that could last a couple of years. So far the trading range has been between 30 and 40 dollars a barrel, it will likely be a little bit more on the upside of that range. 60 dollars a barrel is not an unusual price for crude oil. (United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Marathon Oil (MRO), Exxon Mobil (XOM), Energy Select Sector SPDR ETF (XLE))

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