Alcoa Inc. (AA)

All Comments on AA

  • commenter
    menoalittle
    Jun 15 12:39 PM
    Recent World Events Are Bullish for Metals [view article]
    Well, if you're looking for outstanding PGM opportunites in (politically secure) North America, they are truly few and far between. Perhaps a few "diamonds in the rough" worth mentioning are Pure Nickel (NIC.TO) and their little known MAN project in Alaska, and Marathon PGM (MAR.TO.) Also, keep your eye on Coronation Minerals (CMV.V) and their upcoming drill season (and expansion) of the historic Wellgreen deposit in the Yukon (which they have finally issued a "starter" 43-101 compliant resource estimate for.) Reply
  • commenter
    paultaut
    Jun 15 02:44 AM
    Recent World Events Are Bullish for Metals [view article]
    Palladium has been following platinum, this week it held ground and even moved up as platinum barely budged. I was wondering why, thanks for the answer.

    Eskom was supposed to have a pebble reactor on line by 2011, has it been scratched?

    Blame everything on the internet. Without it, under/undeveloped countries would not have a clue of what they are missing. They want everything and they want it now.

    The US USED to be 40% of the World's GDP, it is now 20% but still uses about 25% of oil consumption. The rest of the world is subsidizing our consumption.

    Next year, Gazprom stops accepting US dollars. This quarters non oil, non financial earnings in the S&P will drop dramatically. Stronger dollar has its consequences on the bottom line.

    Meanwhile, the fiction that the US dollar has caused a dramatic increase in everything will also be removed.

    Supply/demand rules regardless of what the dollar does.     Reply
  • commenter
    REBEL
    Jun 14 10:14 PM
    My Website
    Recent World Events Are Bullish for Metals [view article]
    Hey CaptBob, Thc Chicoms will show the world what real oppression is... but the media will NEVER report that, (and much is already happening with Chicom weaponry to kill Africans by the hundreds). Face the fact that the media will ALWAYS report white men as evil oppressors. Reply
  • commenter
    captbob
    Jun 14 04:24 PM
    Recent World Events Are Bullish for Metals [view article]
    So the 46th African Nation got rid of those white Colonialists and that terrible apartheid!
    Did anyone really believe this time it would be different???
    The one before this was Rhodesia remember that?? we boycotted them to force out Ian Smith--now it's Zimbabwe, Mugabe is Pres. no elections since, and 5,000% inflation.
    There's some Gene pool in the savage heart of darkest Africa, top CEO's are a dime a dozen!!
    Your choice; yell "Racist--Racist&q... or face the facts!!     Reply
  • commenter
    keenstyle1
    Jun 14 03:21 PM
    Recent World Events Are Bullish for Metals [view article]
    If your bullish on such metals and different commodities, trade futures and options, that way you don't have to mix in the human element and company reporting fundamentals ect! The brokers I use are at Inter Woven Capital. I've hedged my loss at the gas pump 10 times over!

    Travis     Reply
  • commenter
    CLH
    Jun 14 12:49 PM
    Recent World Events Are Bullish for Metals [view article]
    I sold out my PAL and SWC close to the top of the spike. Im not looking for prices to go up again soon when no one is building cars. Reply
  • commenter
    Umm, yeah
    Jun 14 10:12 AM
    Recent World Events Are Bullish for Metals [view article]
    I enjoyed the article.

    The point of contention which I'd like to bring up, isn't whether one should sell coal stocks and buy nat gas stocks, but mostly how you've laid out your argument.

    To say that you don't like coal because the price has run up very quickly and that all of the talking heads are talking about buying coal... well, the same applies to natural gas, right?

    And like haydete is saying - it's the rate of production & demand that seems to be driving prices (along with speculation) rather than long term supply.

    That being said, I'm long several nat gas companies (including CHK), and don't own any coal companies, so my actual holdings agree with what you've concluded. I'm mostly looking for some further analysis on why buying nat gas is so much more compelling than coal. Right now, it's sounding like a repeat of the logic from your blog 3-4 months ago, about why no one should buy POT, which is up 33%.

    Regardless, I'll end my comment on a positive note in that I like the discussion, and your blog is one more reason that I'm considering buying some SWC.     Reply
  • commenter
    haydete
    Jun 14 09:09 AM
    Recent World Events Are Bullish for Metals [view article]
    I think you've left out timing in your analysis of coal and natgas supply. Oil takes time to find and produce from deepwater holes; natgas is still being found under ground rather than water (witness all the shale properties that are coming onstream soon) and can reasonably catch up to fill energy supply shortages. However, like oil, you don't flip a coal switch to suddenly get more.

    And because electricity growth outside the US is now the same as coal growth the price of coal is less an immediate supply-demand issue, but perhaps more a global growth proxy. ESKOM is going to buy expensive coal long before they build a nuclear power plant.     Reply
  • commenter
    fe02
    Jun 13 08:26 PM
    Is Vale Gearing Up for an Acquisition? [view article]
    At the Las Vegas Moneyshow, the Vale representative hinted broadly at upcoming acquisitions without any specifics. He stated that Vale wanted to become a "one stop shopping" destination for clients interested in a broad range of commodities. He specifically mentioned copper. Reply
  • commenter
    Mark Anthony
    Jun 13 01:45 PM
    My Website
    Recent World Events Are Bullish for Metals [view article]
    Also read today's mineweb piece to understand the paradigm shift of the depletion of Russian palladium stockpile:

    The Russian palladium stockpile - do we need to worry?
    www.mineweb.net/minewe...

    Reply
  • commenter
    Mark Anthony
    Jun 13 01:39 PM
    My Website
    Recent World Events Are Bullish for Metals [view article]
    Yes adding SWC today is a good idea. I would recommend 50% on SWC and 50% on PAL, or even 60% on SWC and 40% on PAL.

    Don't be discouraged by SWC's inaction today. There seems to be a big over-sized short trapped in SWC, unable to unwind its over-sized short position, and has been shorting more to hammer SWC down hard to trigger a sell off. They will fail.

    Look at history of SWC shorts:
    www.nasdaq.com/aspxcon...

    Comparatively, PAL shorts were able to cover nicely at the end of May:
    www.nasdaq.com/aspxcon...

    So buy SWC without hesitation. There will be a short squeeze soon.

    Reply
  • commenter
    DaveW
    Jun 13 01:29 PM
    Recent World Events Are Bullish for Metals [view article]
    Mark,
    Thank you for your timely article, I'm adding to my SWC stake today as I notice it's lagging PAL in price movement. It lagged PAL by one day during the mid-May spike too.
    Re: natural gas, consider small-cap Rex Energy (REXX) as a concentrated play on the Marcellus shale. Cramer just pumped it and gave it a $40 target (maybe that's a sell indicator?) :)
    Thanks again,
    -Dave     Reply
  • commenter
    Mark Anthony
    Jun 13 01:28 PM
    My Website
    Recent World Events Are Bullish for Metals [view article]
    Jake2:

    There might be something I do not quite understand in the coal market. But I looked at the BP survey cited in the article, and do not see a whole lot of supply/demand imbalance. There are some discruptions but I see them as temporary in nature, not quite long term effects. I am not saying coal should turn south here, I am saying such price rally can not last long. In comparison PGM bull can be way much stronger and much longer lasting.
    Reply
  • commenter
    Mark Anthony
    Jun 13 01:25 PM
    My Website
    Recent World Events Are Bullish for Metals [view article]
    There is currently no PGM metal ETFs in the US market, but there are some recent ETNs. See this SeekingAlpha entry:
    seekingalpha.com/artic...

    In Switzerland there are ZPAL and ZPLA. (Look them up in Bloomberg using zpal:sw and zpla:sw)

    Best leverage of course is the two PGM stocks I mentioned, PAL and SWC. Or by physical metal from dealers like APMEX or PalladiumDealer.com. APMEX is good business. I do not have dealings with PalladiumDealer so can not make recommendation.
    Reply
  • commenter
    welcome2work
    Jun 13 01:13 PM
    Recent World Events Are Bullish for Metals [view article]
    What ETF's have Palladium, Platinum? Reply
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