Thu, Aug 25, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Nicholas Brooks: Gold should remain a core asset in 2013

Tuesday, January 22, 2013

amb
Nicholas Brooks
From Komfie Manalo, Opalesque Asia:

Palladium, tin and coffee could offer interesting investment opportunities this year, said Nicholas Brooks, head of research and investment strategy for the ETF Securities group of companies, in an interview with Opalesque Radio’s Sona Blessing.

He believes palladium is interesting because it is used as an auto catalyst for gasoline cars. He added that the demand for cars, and the metal, is expected to rise, as the auto industry picks up -particularly as the U.S. and Chinese economies show signs of growth.

He noted that about 40% of the palladium is produced in South Africa where mining costs have risen and there have been labour issues. So supply source could be constrained from delivering in 2013. But he cautions that speculative position in the palladium futures markets are currently at high level.

Another metal that Brooks finds interesting this year is tin. Most Tin is produced in Indonesia but there have been some supply issues in the region, he said. Again, the economic rebound in China may well cause tin prices to go up.

Within the agricultural commodities complex, Brooks said, potentially coffee looks interesting, "just because it has come down so sharply over the past months, mainly due to expectations of a good crop out of Brazil."

He thinks the best way to play gold is by directly buying the metal via physically-backed exchanged......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

    Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

  2. Asia - LGT Capital Partners: Alternatives set for continued rise in Asia[more]

    From Asianinvestor.net: More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners. Despite the numerous quantitative easing programs and bailouts of recent years, the quest for

  3. Investors yank money from hedge funds after poor performance[more]

    From Marketwatch.com: A growing exodus from hedge funds extended to two of the biggest names in the industry Tuesday, Tudor Investment Corp. and Brevan Howard, as disenchanted investors increasingly shun what was once the hottest place to put money. The funds’ problem is clear: They just aren’t perf

  4. Banks look at hedge funds differently - and it should matter to allocators[more]

    From Valuewalk.com: Looking at two bank reports on the same topic can often yield interesting results. There are times when bank research is best viewed from the standpoint of how their analysis does or does not correlate with one another. Regarding hedge fund allocation decisions, one bank appears

  5. Legal - Hedge fund’s fixer kept deals flowing with bribes, U.S. says, Big four banks sued by U.S. hedge funds over BBSW, Lessons for hedge fund managers from the government's failed prosecution of alleged insider trading[more]

    Hedge fund’s fixer kept deals flowing with bribes, U.S. says From Bloomberg.com: With the Miami villa, stopovers at New York’s Plaza Hotel and millions channeled in bribes to win mining deals, Samuel Mebiame was the relationships guy in a corruption scheme that spanned continents, accord