Sat, Jan 21, 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. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised