Thu, Jul 30, 2015
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. Bridgewater turns bearish on China[more]

    Komfie Manalo, Opalesque Asia: The world’s biggest hedge fund Bridgewater Associates and one of the most vocal of China’s potential is now turning its back against the world’s second largest economy as it joins a growing list of high-profile investors who are challenging China’s potentials.

  2. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  3. Launches - Ex-Brevan Howard star Rokos builds team for new fund, Former Och-Ziff manager’s firm starts health care hedge fund, Industry veterans launch commodity investment firm Aron Capital Management, Nikko Asset Management launches two UCITS funds, Capital Group plans to debut Asian investor targeted fund[more]

    Ex-Brevan Howard star Rokos builds team for new fund From WSJ.com: Chris Rokos, a former star trader at Brevan Howard Asset Management LLP, has hired an economist from Nomura to join the team he’s assembling for his much anticipated hedge fund launch. Mr. Rokos, whose firm is due to b

  4. Institutions - Pension fund dismisses Texas consultant, Rhode Island pension fund gets 2.2% investment return, far below assumed rate of 7.5%, New Jersey pension investments see a drop-off in returns[more]

    Pension fund dismisses Texas consultant From Sandiegouniontribute.com: The county retirement board on Thursday terminated the Texas consultant who was given the reins of the $10 billion pension fund, and whose investment picks left many employees and retirees feeling taken for a ride.

  5. SWFs - Sovereign wealth funds paid around $14 billion in fees[more]

    From SWFinstitute.org: When it comes to the financial sector, asset management is one of the most profitable industries in the world. The Boston Consulting Group put out a 2014 figure saying there is US$ 74 trillion worth of professionally-managed assets. One of the fastest growing institutional inv

 

banner