Monthly Archives: March 2011

Copper market looking weak: independent financial advice

      An interesting article in FT today about copper buying in China mentioned that the spread between 3 month versus 15 copper futures dropped from a 3.5% premium to almost zero which implies plenty of supply. The article quoted a metals analyst that the risk to prices was “firmly to the downside”.

March 30th, 2011|mayflowercapital blog|Comments Off on Copper market looking weak: independent financial advice

Bearish news items suggest caution: independent financial advice

     In today’s news there are a lot of articles that support my bearish views. For example: An article in today’s WSJ Real Time Economics Blog “Housing Becoming Policymakers’ White Whale” by Kathleen Madigan is full of quotes that support my opinions and yet shock me even though I’m a housing bear. For example: “Those (home) sales are at their lowest since records began in 1963 — despite the fact that the U.S. population is 122 million residents larger than 48 years ago. …the sector remains an intractable foe for policymakers. The gap between supply and demand means prices have started to fall again…but housing wealth is still half of what it was in 2005. The lack of demand suggests

March 24th, 2011|mayflowercapital blog|Comments Off on Bearish news items suggest caution: independent financial advice

investments for a dollar collapse; independent financial advice

       Investors have enquired about devalued dollar investments, investments for a dollar collapse, and have asked “will inflation cause a crash?” The standard answer that most advisors offer is that to protect from a possible collapse of the U.S. dollar one should invest in gold, silver, precious metals, oil, energy stocks, stocks of companies that save on the cost of fuel such as railroads, etc.

March 23rd, 2011|mayflowercapital blog|Comments Off on investments for a dollar collapse; independent financial advice