This week saw massive coordinated central bank "easing", aka money printing, with the ECB promising unlimited new bond purchases to bail out the Eurozone and the German high court giving it's go-ahead, with the result that the EUR dropped to new all-time lows before experiencing a little "shadenfruede recovery" on the Fed's announcement and closing the week down 0.3%.
More on Market Update 14 Sep 2012 – EUR, Cotton, TLT and London Bitcoin Conference
This was a bad week for most investments, with announcements of QE in Europe, and hints and rumors of QE from the Fed pushing down all the major currencies, and hurting most of the investments denominated in them.
Last week saw yet another reversal from the week before; once again, the only thing in common was the continuing decline in silver and copper, now in its 3rd week.
Currencies gained back some of what they lost the week before, lead by the CAD, which rose 1.8%. Bonds were higher, the SHY up 1% (in line with the USD) and the long term TLT up 0.4%, only recovering a tiny portion of the prior week's 3.8% loss.
Filed under Bonds, Coffee, Commodities, Dow Jones Industrials, monetary universe, S&P 500, Silver, Stocks, US Dollar by
Last week showed many gains and few losses. Once again commodities lead the way, with crude oil up 6.7% and coffee up 2.6%. Silver and copper were each down 0.3% – the largest losses for the week. Gold and silver mining stocks also suffered, falling 0.2% for the week.
Filed under Bonds, Coffee, Commodities, Dow Jones Industrials, S&P 500, Silver, Stocks, US Dollar by
This week saw a reversal of last week's trend, with almost all investment categories showing losses. Currencies and bonds were all lower, on news of new European bank bailouts and fears that next week will bring further easing from the ECB and Bank of England. Most stock markets were also lower, with the Japanese Nikkei, up 0.6%, being the exception.
Filed under Bonds, Coffee, Commodities, Dow Jones Industrials, Interest Rates, S&P 500, Silver, Stocks by
All investment categories except commodities showed nice gains last week. Interestingly, the week's biggest winners and losers were both commodities, with coffee rising a stunning 7.5% and cotton dropping 3.6%. Silver and crude oil both lost ground, down 2.8% and 1.3% respectively, while copper was slightly higher, up 0.7%.
Filed under Bonds, Coffee, Commodities, Dow Jones Industrials, S&P 500, Silver, Stocks, US Dollar by
Last week was excellent for almost all investment categories. Only the long bonds (TLT) showed a loss, taking a breather after an extended series of gains that have left them up 7.4% for the last month and almost 31% over the last 12 months.
Filed under Bonds, Coffee, Commodities, Dow Jones Industrials, monetary universe, S&P 500, Silver, Stocks by
Last week was great for investments, with every category showing nice gains. The biggest winner was copper, up 5.7% for the week, followed by the Canadian Dollar, up 5.3%. The weakest was the Amex Gold Bugs (HUI), which only rose 0.6%, and crude oil, which was up 1.2%.
Filed under Bonds, Commodities, Stocks by
I'm getting calls to the Priced in Gold hotline, emails, questions from friends – all asking the same thing: "Have you seen the 2011 Berkshire Hathaway annual report and Warren Buffet's comments about gold?"
Filed under Bonds, Economy, monetary universe, Stocks by
Priced in Gold reader Shaun C. recently wrote me asking for a chart of investment farmland in gold, and suggesting some sources of data. This was very intriguing, as I have been considering investments in timberland and farmland for myself. After a little research, I prepared the following charts, which will be updated quarterly on an Investment Real Estate chart page. They suggest that farmland is the best place for real estate investment money in the near future, but once the "bottom is in", timberland may be the way to go.
Filed under Bonds, Coffee, Commodities, Real Estate, Silver, Stocks by
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