Global Mining Investing $69.95, 2 Volume e-Book Set. Buy here.
Author, Andrew Sheldon

Global Mining Investing is a reference eBook to teach investors how to think and act as investors with a underlying theme of managing risk. The book touches on a huge amount of content which heavily relies on knowledge that can only be obtained through experience...The text was engaging, as I knew the valuable outcome was to be a better thinker and investor.

While some books (such as Coulson’s An Insider’s Guide to the Mining Sector) focus on one particular commodity this book (Global Mining Investing) attempts (and does well) to cover all types of mining and commodities.

Global Mining Investing - see store

Click here for the Book Review Visit Mining Stocks

Download Table of Contents and Foreword

Thursday, June 27, 2013

Markets set for another correction - Dow going down but less so for ASX

The global market is taking a bit of a hit. Metal prices are collapsing, and this is across the board. Industrial metals are going to take a little time to recover because ultimately the miners of those commodities will need to curtail production, and start undermining their inventories. We can therefore expect 'industrial commodities' like copper, lead and zinc to take some time. I actually expect a broad-based sell off in industrial stocks. You can see from this chart that the Dow Jones had a recovery overnight. I believe this will not stop the market falling. We can see that the market rally settled below its moving average, so I expect it to resume its fall. Gold will unquestionable fall with it over the next few days, but I would expect gold stocks to be the first to recover in the midst of that correction, which could actually be quite fast. Note the nature of the trading action over the last few days. The Dow settled at a support/resistance. Its going down, and I'm expecting a fall back to 14,000 point support in the next month.
I suggest the Australian market has realised the worst of its falls, but will probably find support around 4400 points. One can see a support line from the 6th March 2009.
The best action is to be had in the gold market. The reasons are:
1. Emerging miners are trading at below their cash value. I particularly like GRY.ASX because it has $62mil to find development of a $200mil treatment plant to produce 150,000oz of gold from its 4Moz resource, and  its trading at just $52mil. Crazy market prices.
2. The indebtedness of global markets is ultimately going to result in more tax and currency debasement. There is also growing unrest and distrust in governments, and these are the conditions ripe for gold. Gold is close to support levels. Check out this chart, and note that we are close to the market bottom for gold. I'd actually not be surprised to see gold fall to $1000/oz, but recover to $1100 quickly.
3. So I am expecting to see the Dow and gold fall for the next few days, but for gold to recover whilst the Dow keeps falling. Gold will unquestionably consolidate for a time.

Asian property markets outperforming Japan Foreclosed Guide Philippines Property Guide
Profit from mining with Global Mining Investing eBook

Post a Comment

Japan Foreclosed Property 2015-2016 - Buy this 5th edition report!

Over the years, this ebook has been enhanced with additional research to offer a comprehensive appraisal of the Japanese foreclosed property market, as well as offering economic and industry analysis. The author travels to Japan regularly to keep abreast of the local market conditions, and has purchased several foreclosed properties, as well as bidding on others. Japan is one of the few markets offering high-yielding property investment opportunities. Contrary to the 'rural depopulation' scepticism, the urban centres are growing, and they have always been a magnet for expatriates in Asia. Japan is a place where expats, investors (big or small) can make highly profitable real estate investments. Japan is a large market, with a plethora of cheap properties up for tender by the courts. Few other Western nations offer such cheap property so close to major infrastructure. Japan is unique in this respect, and it offers such a different life experience, which also makes it special. There is a plethora of property is depopulating rural areas, however there are fortnightly tenders offering plenty of property in Japan's cities as well. I bought a dormitory 1hr from Tokyo for just $US30,000.
You can view foreclosed properties listed for as little as $US10,000 in Japan thanks to depopulation and a culture that is geared towards working for the state. I bought foreclosed properties in Japan and now I reveal all in our expanded 350+page report. The information you need to know, strategies to apply, where to get help, and the tools to use. We even help you avoid the tsunami and nuclear risks since I was a geologist/mining finance analyst in a past life. Check out the "feedback" in our blog for stories of success by customers of our previous reports.

Download Table of Contents here.

'Buying Philippines Property – Download a free sample chapter!

The Philippines property market remains one of the strongest in Asia thanks to rising incomes, rising population and rapid rates of urbanisation. The administrative reforms of the Arroyo government have given way to improved administration under Aquino. ASEAN countries can be expected to achieve even greater price gains than Western markets, demonstrating that this super cycle is far from over.

Buying Philippines Property 2010
- Download the table of contents or buy this 2-volume eBook at our online store for just $US19.95.



Investment Strategy

If you are investing for the long term, you still need an investment strategy. Dont be fooled by the rhetoric of fund managers. The reason they advise you to 'buy & hold' is because they dont want to compete with you in sell-offs. Markets and industrial sectors are cyclical, so they demand trading to get the best returns. Fund managers actually cant hope to match the performance of small investors (if you are half good) because they have to manage huge amounts of funds and charge you a fee besides.
MY ADVICE is (i) look at a range of market indices and decide upon what level of correction would give you the justification you need to get in & out of the market. It might be a 5-10% retracement or a break of trend. (ii) Diversify if you dont have an intimate knowledge of the company or management. More than 30% in one company is aggressive.

'Buying NZ Property – Download the free sample readings!

The NZ property market is shaping up as one of the most attractive property investment markets for the next few years. High yielding property and the collapse of the NZD make NZ the perfect counter-cyclical investment if you buy right! In addition, there is no capital gains tax, transfer taxes, VAT/GST or wealth taxes in NZ, so rest assured that NZ property is tax-effective! Learn more now!

New Zealand Property Report 2010 - Download the table of contents or buy this report at our online store for just $US19.95.