Hello
Hi Everyone
Though been trading for over 10 years, new to this site. I have an interest in UK and U.S. stocks and trade through CFDs.
Based in Berkshire U.K., anyone else in the area and would be looking to chat more about stocks?
2008 has actually been my most successful year of...
Its not so much the supply of platinum drying up like Oilbut the costs of production for platinum which are a major consideration. When it was trading close to the price of gold i.e. $850 , at this level it is not economical in many cases to produce it. When this is the case production levels...
I trade using CFDs in the ETC Physical Platinum on Igmarkets. It is $ denominated which is good if the $ weakens during 2009 which is what I expect I agree that platinum seems a good buy at the moment if you have a medium term horizon.
My advice would be take any tips in magazines and on websites with a pinch of salt. I use Investors Chronicle and Shares Magazine for UK Ideas and Barrons, Marketwatch.com and Thestreet.com for U.S. stock ideas. However, do your own research after you've spotted something that interests you...
I believe there are several themes for 2009:
1. Oil an other commodities have been oversold
2. The dollar will weaken as the Fed continues to print dollars
3. Companies with strong balance sheets are the place to be
So some ideas:
1. OIL and OIL services
Conoco Phillips (COP) U.S. ...