Beverly Hills 1/12/2010 8:36:38 AM
News / Business

What Does the Chinese Commodities Spree Mean For Your Money

Jon Nadler’s The Daily Nugget Blog, EQUITIES Magazine

Metals expert Jon Nadler talks about what the gold market is doing and how that affects your money.

 

“Gold prices lifted off at warp speed in the first moments of overnight trading on Sunday, following news that China went on a commodities shopping spree in December. The US dollar lost more than 0.50 on the trade-weighted index as follow-through selling from Friday, and the Chinese news reignited risk appetite and extended the carry-trade plays into the Monday session. Such bets were pretty obvious in the larger than $1.1 gain in crude oil, the nearly 2.5% rise in copper and aluminium, and similar surges in zinc, lead, and nickel…”

 

To continue reading the full post, click here.

 

About Jon Nadler:

 

Jon Nadler’s thirty-year professional career has focused exclusively on the precious metals market and on its related investment products. After graduating from U.C.L.A. and the U.C.L.A. Business School’s Management Program, Jon established and managed several precious metals operations at major USA-based financial institutions (Deak-Perera, Republic National Bank, and Bank of America). Jon’s current role is that of Metals Market Analyst and PR Head for Kitco. He has long-standing ties in the precious global metals community and has consulted on marketing and product development issues to government mints, precious metals retailers, as well as to trade and membership organizations, such as the World Gold Council.

Jon’s gold market commentaries are frequently quoted by the U.S. Canadian and global financial media (MarketWatch, ROBTV, CBC Radio, BBC UK Radio, CNBC, Forbes.com, TheStreet.com, The Wall Street Journal Online, Investor’s Business Daily, Forbes.com, AFX News.com, Bloomberg, Resource Investor, Investor Ideas, Korelin Economics Report, Smartstox, and Reuters).

Jon’s expertise in consumer education on precious metals is valued by numerous individual investors as well as institutional firms. Jon is a frequent speaker and workshop host at global investment conferences such as The International Investment Conference, The Money Show, Cambridge House Canada, The New Orleans Investment Conference, New Shore Conferences, and Academy & Finance, Switzerland.

 

About EQUITIES:

 

Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.

 

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