South African Gold

Silver Near a 31-Year High

Silver Near a 31-Year High

Filed under: Major Movement , Competitive Strategy , Barrick Gold (ABX) , Commodities , Federal Reserve Back in the late 1970s, the Hunt brothers from Texas tried to corner the silver market . That drove prices to $48 an ounce. Now, 31 years later, silver is shooting higher again. The March silver futures contract closed at $32.296 per ounce , up 72 cents. Since gold is expensive, investors are turning to silver to hedge against inflation. Many fear that the Federal Reserve will not be able to control the spike in commodity prices. The Fed is buying $600 billion of treasuries and keeping interest rates near zero. Continue reading Silver Near a 31-Year High Silver Near a 31-Year High originally appeared on BloggingStocks on Sat, 19 Feb 2011 12:50:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »

Cotton Closes Above $2 per Pound as Market Remains in Chaos

Filed in commodities, New Gold, o, South African Gold, Spot Gold by on February 18, 2011 0 Comments
Cotton Closes Above $2 per Pound as Market Remains in Chaos

Filed under: Major Movement , Industry , Market Matters , Commodities , Agriculture The cotton market is in a state of chaos. On Friday, March cotton on the ICE exchange closed at $2.1102 per pound, up the 7 cent daily limit, the Financial Times reported. The market opened limit up at $2.1102. That means that you cannot buy cotton even if you wanted to. The market is frozen. Commodities are much different from stocks. Commodities are a zero sum game. Contracts usually last for three months. At the end of the three months, the longs take delivery from the shorts who deliver their cotton, and zero contracts are left. Continue reading Cotton Closes Above $2 per Pound as Market Remains in Chaos Cotton Closes Above $2 per Pound as Market Remains in Chaos originally appeared on BloggingStocks on Fri, 18 Feb 2011 10:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »

Food Processor Archer Daniels Midland to Profit from Inflation

Filed in commodities, inflation, o, South African Gold, Spot Gold by on February 16, 2011 0 Comments
Food Processor Archer Daniels Midland to Profit from Inflation

Filed under: Archer-Daniels-Midland (ADM) , Commodities Raw commodities like grains, sugar and cotton are skyrocketing in price. These raw foods are then processed for consumption. Archer Daniels Midland ( ADM ) is one of the world largest food processors. It processes corn into corn oil syrups, sweeteners, citric and lactic acid and ethanol. Soybeans are crushed into soybean oil and meal, Wheat is processed into flour and pasta. Cocoa is turned into chocolate and confections. It provides animal feed for farmers and meal for brewers. It has one of the largest distribution networks in the world. Continue reading Food Processor Archer Daniels Midland to Profit from Inflation Food Processor Archer Daniels Midland to Profit from Inflation originally appeared on BloggingStocks on Wed, 16 Feb 2011 15:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »

Chinese Citizens Are Hungry for More Gold

Filed in commodities, Gold, Gold Prices, New Gold, o, silver, South African Gold by on February 16, 2011 0 Comments
Chinese Citizens Are Hungry for More Gold

Filed under: China , Commodities China is allowing its citizens to buy physical gold bars . This new program is unleashing an unbridled demand for the metal. The program works this way: The Industrial & Commercial Bank of China (ICBC), China’s largest, sells the bars to customers at real-time prices. Persons who own the bars can resell them to the bank. To give you an insight into the magnitude of these sales, here are a few statistics. The ICBC sold 7 tons of bullion in January alone. In all of 2010, sales were only 15 tons. Continue reading Chinese Citizens Are Hungry for More Gold Chinese Citizens Are Hungry for More Gold originally appeared on BloggingStocks on Wed, 16 Feb 2011 12:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »

Will Android Capture First Place?

Filed in Apple, E Reader, Google, lead, o, South African Gold by on February 15, 2011 0 Comments
Will Android Capture First Place?

Filed under: Internet , Competitive Strategy , Google (GOOG) , Smartphones , Technology If we look back to the days of the search engine revolution, Google ( GOOG) built not only the most powerful search engine, but a business model based on that search engine that has made the company No. 1 in that category. The company is on the move again — and Google’s Android is leading the way. Google sees the next leg of the Internet revolution in the smart phone, tablet and e-reader market — and there’s already a fierce battle raging. Google’s Android is making inroads into the iPhone turf. How deep is the penetration? Singapore research firm Canalys said, ” Google shipped twice as many devices as Apple’s iPhone. in the fourth quarter,” capturing 33% of shipments, up from 8.7% a year ago. Continue reading Will Android Capture First Place? Will Android Capture First Place? originally appeared on BloggingStocks on Tue, 15 Feb 2011 10:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »

Ericsson’s Crystal Ball Foresees Data Surge

Filed in Ericsson, New Gold, o, shares, South African Gold by on February 14, 2011 0 Comments
Ericsson’s Crystal Ball Foresees Data Surge

Filed under: Launches , Industry , Competitive Strategy , Akamai Technologies (AKAM) , Technology We are being bombarded with data from a host of sources, including mobile devices, broadband and cloud computing. Bringing all of this data together will create a new business opportunity. Ericsson ( ERIC ), the Swedish network equipment maker, has already foreseen the potential for bringing data together on its fourth generation Long Term Evolution Network (LTE). Continue reading Ericsson’s Crystal Ball Foresees Data Surge Ericsson’s Crystal Ball Foresees Data Surge originally appeared on BloggingStocks on Mon, 14 Feb 2011 14:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »

Card Readers to Generate $11 Billion in Sales

Filed in Apple, AT T, E Reader, o, South African Gold, Spot Gold by on February 14, 2011 0 Comments
Card Readers to Generate $11 Billion in Sales

Filed under: Intuit Inc (INTU) , VeriFone Holdings (PAY) , Smartphones , Technology New technology spawns still more technology. Such is the case with smart phones. Entrepreneurs have found a way to facilitate buying with your smart phone. Companies like Intuit ( INTU ) and VeriFone ( PAY ) have created a card reader that can be inserted into your iPhone ( AAPL ) or other smart phone. Then you can swipe a credit card through the reader and use it to make online purchases. The potential of this new technology is enormous. Analysts estimate that the industry will grow to $11 billion this year. Continue reading Card Readers to Generate $11 Billion in Sales Card Readers to Generate $11 Billion in Sales originally appeared on BloggingStocks on Mon, 14 Feb 2011 09:40:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »

Microsoft and Nokia Join to Build a New Smartphone

Filed in Apple, Google, ipad, Microsoft, New Gold, Nokia, o, South African Gold, Spot Gold by on February 13, 2011 0 Comments
Microsoft and Nokia Join to Build a New Smartphone

Filed under: Competitive Strategy , Microsoft (MSFT) , Nokia Corp. (NOK) , Smartphones This is probably one of the most interesting stories of the Internet revolution. Microsoft ( MSFT ) jumped out the starting gate with its Windows operating system and took the world by storm. Then for some unknown reason, Microsoft missed the entire search engine revolution and Google ( GOOG ) raced to first place. Now Microsoft has again missed the next leg — the iPhone and iPad revolution, and Apple ( AAPL ) holds first place in this segment. Nokia ( NOK ) was a pioneer in the smartphone revolution, but with Apple’s drive to the top, Nokia lost its momentum. Once Nokia had 50% of the handset market . Now that share has fallen to just 29%. It’s hard to believe but Microsoft has only 2% of the global phone software market. Continue reading Microsoft and Nokia Join to Build a New Smartphone Microsoft and Nokia Join to Build a New Smartphone originally appeared on BloggingStocks on Sun, 13 Feb 2011 09:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »

Global Cotton Demand Outstrips Supply

Filed in AIG, commodities, New Gold, o, South African Gold by on February 12, 2011 0 Comments
Global Cotton Demand Outstrips Supply

Filed under: India , Market Matters , Commodities Years ago, I remember a conversation among cotton traders: “Cotton is a straight line mover. When it moves it shoots straight up and when it falls its like a stone. … If you ever get caught on the wrong side of cotton, you’ll lose your shirt.” Someday, traders will tell their grandchildren about the great cotton bull market of 2009 to 2011, and how they bought 100 contracts at 60 cents a pound in 2009 and saw the price go to $1.9455 per pound. They will talk for hours about how they made $1.34 per pound on each contract (each 1 penny equals $500). So they made 134 pennies on each contract at $500 per penny times the 100 contracts. They will ask their grandchildren to figure out how much money they made. “Grandpa, you made $6,700,000!” Continue reading Global Cotton Demand Outstrips Supply Global Cotton Demand Outstrips Supply originally appeared on BloggingStocks on Sat, 12 Feb 2011 11:40:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »

Qualcomm Joins the Competition for the Tablet Market

Qualcomm Joins the Competition for the Tablet Market

Filed under: Launches , Industry , Internet , Competitive Strategy , Apple Inc (AAPL) , QUALCOMM Inc (QCOM) , iPhone , Technology The chip competition for the iPhone and iTablet is incredibly fierce. A little company called Nvidia’s ( NVDA ) design won so far with its Tegra 2. Its shares are up almost 50% since December. Texas Instruments ( TXN ) is also a player in tablet chip market with its OMAP5 processor. Now, Qualcomm QCOM ) is joining the fray with its new APQ 8060 dual core Snapdragon processor . It allows for high definition and 3D video. Hewlett Packard is using it in its new “Touch Pad.” Continue reading Qualcomm Joins the Competition for the Tablet Market Qualcomm Joins the Competition for the Tablet Market originally appeared on BloggingStocks on Fri, 11 Feb 2011 14:40:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »

A Makeover for eBay

Filed in amazon-com, eBay, Lear, New Gold, o, South African Gold, Spot Gold, ubs by on February 11, 2011 0 Comments
A Makeover for eBay

Filed under: Management , Competitive Strategy , eBay (EBAY) We’ve oft heard the saying: “We must reinvent ourselves.” This is the new mantra at eBay. According to chief executive John Donahoe: “Clearly, I hope you see that we are starting to play offense.” EBay ( EBAY ) has long been a dominant player in the e-commerce industry. Started in 1995 , it has brought together buyers and sellers in an auction format. Now, 16 years later and highly successful, the company finds a new competitor in Amazon.com ( AMZN ), which is grabbing market share. In the meantime, eBay has acquired Paypal, as a wholly owned subsidiary. Paypal, an online payment service, helped to propel eBay’s business transactions. Continue reading A Makeover for eBay A Makeover for eBay originally appeared on BloggingStocks on Fri, 11 Feb 2011 12:15:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »

Corn Surges on Short Supply

Filed in AT T, Brazil, commodities, New Gold, o, South African Gold, ubs by on February 10, 2011 0 Comments
Corn Surges on Short Supply

Filed under: International Markets , China , Brazil , Market Matters , Economic Data , Commodities , Agriculture March corn futures jumped 24.25 cents a bushel on Wednesday to $6.98. Corn contracts have risen 97% since June. You may be wondering why all this activity in the corn market in the middle of winter. The answer lies in a USDA report that said corn supplies are dangerously low. In fact, they are near the record low set 15 years ago. What that means is that the corn stocks we have must last until our harvest starts in mid summer. Of the 12.4 billion bushels harvested last fall, we will have only 675 million bushels by Aug 31.To add more fuel to the problem, this new report is 9% lower than the USDA”s January projection, as reported in the Wall Street Journal (subscription required). Continue reading Corn Surges on Short Supply Corn Surges on Short Supply originally appeared on BloggingStocks on Thu, 10 Feb 2011 17:50:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »