SubscribeArchive for Nick Jones
Dear Readers, Several years ago, I started conducting independent research on the precious metals markets. I immediately fell in love with this particular market, but I learned very quickly that to truly understand precious metals I would have to have a reasonable understanding of a large number of markets that effect the PMs. To make a long story short, I now follow and analyze bonds, currencies, equities, energy, real estate, foreign debt, and of course, commodities. I also do a lot of work and analysis of macroeconomic happenings, because the world of economics effects every one of the above mentioned markets I am not a technical guy, but I do use some basics in my analysis of particular markets. I am a fundamentalist at heart, but when it comes to maximizing profits, it takes some analysis of charts and technical indicators. Jutia happens to have one of the best technical guys I know on board, and that guy is Stephen Oakes. He has taught me a large majority of the technical analysis that I use today, and I would definitely head his analysis. Anyways, I hope you enjoy my commentary, and definitely feel free to send me any comments and/or questions directly to my email: njfinancial@gmail.com Regards, Nick
Precious Metals Gearing Up
By Nick Jones
Editor, Real Deal
The PMs have taken the back seat in the most recent rally in commodities. While corn, soy beans, oil, and other commodities were making either fresh contract or all time highs on a daily basis, the PMs simply consolidated. This was to be expected after the fantastic rally in gold from the low $600s to above $1000 /oz. Personally, I exited the last of my PM equities positions at $975 /oz and have been on the side lines ever since (I do still own physical metals). But I believe that we are currently encroaching a good…
26Jun2008 | Nick Jones | Comments Off | ContinuedThe Jones Weekly Report…Thanksgiving Edition
It was a shortened week, but this week’s JWP is filled with plenty of good stuff. The credit markets are in a mess, and it seems that all the investment banks have nothing good to say about each other. Can’t we all just get along…I mean, it is Thanksgiving? Oh well…
Energy
The spot price of uranium held steady for the third week in a row. This is an obvious sign that we are getting slightly closer to an equilibrium price. TT reports that buyers and hedge funds aren’t as willing to bid up prices and sellers are more willing to come…
21Nov2007 | Nick Jones | Comments Off | ContinuedThe Jones Weekly Report
It was another wild week in the markets, albeit slightly more tame than last week. We saw beginnings of a pull back that we’ve been waiting for in precious metals and currencies. Without further ado…
Oil
Oil was volatile again this week, but, for the most part, we saw it trading to the downside. The ever annoying OPEC was all over the news again, and I feel obliged to point out the complete absurdity of this cartel.
First and foremost, on Monday, oil kicked over $2 a barrel. The main results were a rally by the U.S. dollar as well as forecasts that…
16Nov2007 | Nick Jones | 1 comment | ContinuedThis Week in the Markets…
…and what a week it was. This was one of the most volatile weeks that I have seen in a long time. The currencies were literally out of control. Precious metals soared. Oil took another go ’round on the roller coaster of volatility, and equities fell of a cliff the financials continue to give us glimpses of what really lies on their balance sheets. Without further ado…
UraniumÂ
This week in the uranium markets we saw the spot price for one pound of U3O8 hit $93. Uranium continues to march onward and upward, but that wasn’t the most impressive item of the…
This Week in the Markets…
…and what a week it was. We saw some extreme volatility in everything from equities to energy. The currencies hit milestones and continued to keep on keepen’ on. There was a plethora of economic data that I will try to sift through and make some sense of. All in all, it was a busy week chalked full of info and data. So without further ado, let’s dig right in.
Oil
Oil remained extremely volatile this week. Mexican’s state owned Petroleos Mexicanos, or Pemex, came back online after a shut down of 600,000 barrels per day of production due to ‘gale force’ winds. …
2Nov2007 | Nick Jones | 2 comments | ContinuedLast Week in the Markets…
…and what a week it was. Without further ado, let’s just dig right in.
Equities
Both the DOW and S&P rallied back at the end of last week. We saw tech shares lead the way after some fine earnings reports from Google, Microsoft, and others. The chip makers struggled a little bit, but the real story was the horrible earnings by the financials.
Just about every investment bank and commercial bank came out with either net losses, or significant reductions in earnings. Goldman Sachs was the one exception, but that is a story for another day. The leader of rat pack was Merrill…
29Oct2007 | Nick Jones | 1 comment | Continued
Loading ...
