Market forecast:
Stock Market Today read more
Stock Market this Week read more
Below my transactions (older than 1 month) from group J: info
ETF provider: WisdomTree
Ticker: PHAG
ISIN: JE00B1VS3333
Currency: Euro
Exchange: Euronext Amsterdam
Like gold, silver still suffers from the so-called temporary higher inflation. I don't expect that higher inflation to be temporary. Silver is primarily a raw material for the electronics industry. Due to the corona D variant, there are again some concerns about the pick-up in economic growth. Those concerns seem justified to me. Nevertheless, the demand for silver will continue to increase. We are moving towards an almost completely electric world. And that requires silver. Due to the low silver price of the past 10 years, almost no new silver mines have been started. There comes a time when supply and demand are no longer in balance. This will lead to a sharply rising silver price.
Mission accomplished.
Ticker: PHAU
ISIN: JE00B1VS3770
The gold price has suffered a lot from the rising yields. It remains to be seen whether the FED will do something about this on March 17. If the FED decides to buy more bonds, yields will fall and gold prices will rise. American inflation is expected to rise sharply in the coming months. That too will increase the gold price. The demand for physical gold in the form of coins and bars remains significant. After the lockdowns have been lifted, the demand for gold jewelry will increase. This is not to be underestimated, because the jewelry industry is the largest gold buyer.
Tonight we get the FED. I expect the FED to indicate that interest rates will remain low for a long time. In addition, that they are now (small chance) or for the near future ready to expand the purchase program. Low interest rates and more money printing are good for the gold price. What is also still to come is the stimulus package from the US government. Maybe for a lower amount than what is desired. But any additional amount directly to the citizen will eventually lead to higher inflation. Higher inflation is good for the gold price. All reasons to buy this ETF today.
The annual target was 20%. Now after a little over 2 months more than half has been reached, sold. In addition to supply and demand, the coffee price is also very dependent on the weather. The weather is decisive for a good or bad harvest. How good or how bad the harvest is has the greatest influence on the coffee price. Unfortunately the weather is very difficult to predict. The coffee price and also the price of this ETF can suddenly go up quickly but also down. The price has been fairly stable for a while now. The chance of an upcoming larger movement has therefore increased. So we did not take the risk that this movement may be down and now the profit is taken.
This position has been open for a long time. The corona outbreak earlier this year did not do the copper price any good. Shortly afterwards, the copper price entered a bull market. The line in the graph has risen faster and faster in recent times. This can cause a relapse in the short term. Reason to sell now.
The hopes for a soon vaccine are still making silver to decline. It is a snapshot where investors are only focusing on those vaccines. Fundamentally we are dealing with extremely low interest rates and a lot of stimulus. Printing money, but also increasingly more money to the consumer, so that inflation will probably rise sharply from the summer of next year. Yesterday we had another windfall. Most likely, former FED chairman Janet Yellen will become the new US Secretary of the Treasury. Yellen is known for being a proponent of a lot of stimulation. In the chair of finance, she will do this by providing consumers with more money to spend. Something that will increase inflation extra quickly.
Ticker: COFF
ISIN: GB00B15KXP72
Exchange: Borsa Italiana
Let's celebrate all those hopeful reports about a vaccine with a nice cup of coffee. Of course, people also drink coffee at home during limited lockdowns. But at work, in the restaurant and on the terrace, that goes a bit more smoothly when you are together with others. The second corona wave in Europe is passing. The vaccines will come in the course of next year. That is why the demand for coffee will increase from now on. The supply side remains difficult to estimate. Failed harvests or very good harvests will also influence the coffee price. The almost lowest price of this ETF in 5 years, in combination with an increasing demand for coffee, is reason for me to step in now.