Is Iron Ore Bigger than Gold and Oil in China? [View article]
Well said. Absolutely agree. Shipping is one simple way to play the general commodity bull market due to China's purchases.
On Jul 13 01:51 PM John Galt wrote:
> Basically "shipping" or shippers were a way to play the commodity > boom and global trade. Instead of investing in Coal, Fertalizers, > Iron Ore, you could buy the dry bulk ships that moved the Coal from > Australia to China or Iron Ore from Brazil to China instead of the > goods themselves.
Is Iron Ore Bigger than Gold and Oil in China? [View article]
TraderMark:
It's all about China's Commodity Carry Trade, a strategy to get rid of the dollars. For that reason I am extremely bullish on shipping stocks and on strategic rare metals: seekingalpha.com/artic... You did play shippers like EXM a while ago. Too bad you could not hold on. EXM sees a tremendous rally today. It should make new highs in 2009 soon.
Is Iron Ore Bigger than Gold and Oil in China? [View article]
On Jul 13 01:51 PM John Galt wrote:
> Basically "shipping" or shippers were a way to play the commodity
> boom and global trade. Instead of investing in Coal, Fertalizers,
> Iron Ore, you could buy the dry bulk ships that moved the Coal from
> Australia to China or Iron Ore from Brazil to China instead of the
> goods themselves.
Is Iron Ore Bigger than Gold and Oil in China? [View article]
It's all about China's Commodity Carry Trade, a strategy to get rid of the dollars. For that reason I am extremely bullish on shipping stocks and on strategic rare metals:
seekingalpha.com/artic...
You did play shippers like EXM a while ago. Too bad you could not hold on. EXM sees a tremendous rally today. It should make new highs in 2009 soon.