Mon, Feb 27, 2017
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. Institutional investors plan to raise allocations to alternative assets in 2017[more]

    Komfie Manalo, Opalesque Asia: A survey by Context Summits Miami showed that nearly 72% of institutional investors and family offices plan to raise their allocations to alternative asset managers this year, suggesting continued strong demand for the industry. "As many large, brand name f

  2. Comment - Mortgages, mergers and hedge fund fees, Fairholme's Berkowitz responds to court ruling against hedge fund suits of Fannie Mae[more]

    Mortgages, mergers and hedge fund fees From Bloomberg.com: Yesterday the U.S. Court of Appeals for the D.C. Circuit handed down an odd decision in a lawsuit over the government's nationalization of Fannie Mae and Freddie Mac. The key issue is what's called the "Third Amendment," the 2012

  3. Investing - Hedge funds continue to chase the herd in record Momentum wager, Marshall Wace bets grocer Sainsbury may need rights offering, Hedge fund net exposure has started to retreat, David Tepper's Appaloosa fund makes a huge buy, The 10,000-mile journey to Short Australia, Skeptical hedge fund investors grill Evan Spiegel about Snap's I.P.O.[more]

    Hedge funds continue to chase the herd in record Momentum wager From Bloomberg.com: Hedge funds can't get enough of momentum - even if it means embracing an investing strategy they hate. Loosely defined as betting on shares that went up the fastest over the preceding nine-to-12 months, h

  4. Opalesque Exclusive: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s

  5. K2 Advisors : Why We Like Activist Hedge Fund Strategies and Some Thoughts on Alpha[more]

    Matthias Knab, Opalesque: Rob Christian, Senior Managing Director, Head of Research K2 Advisors, Franklin Templeton Solutions, writes on Harvest Exchange: When d