China: How Real Estate, Reserve Requirements, Yuan and US Treasuries interact

Real estate in China, which accounts for 13% of the Chinese economy, has been bottoming out since the beginning of 2012. China has been actively directing the bank reserve requirements and deposit rates since many years. What China is doing is not to be underestimated and I'll show this in this article: China: How Real Estate, Reserve Requirements, Yuan and US treasuries interact

Greece: The "Debt"-line is near

There has been much talk about Greece defaulting on 20 March 2012. I can't agree more on that statement. By 20 March, Greece needs to pay $US 18 billion in bond payments. In 2014 their $US 100 billion debt matures Here's why I think they won't be able to pay off their debt: Greece: The "Debt"-line is near

PAGE: Pan Asia Gold Exchange

I found an interesting article about PAGE: Pan Asia Gold Exchange.

http://www.marketoracle.co.uk/Article32678.html

What caught my eye is that PAGE could literally obliterate the market manipulation as the US won't be able to play with margin requirements. If the US were to increase margin requirements, the price of gold in the US would go down, while the price of gold in China would be higher. Chinese would then sell their gold and buy US gold which makes the price go to equilibrium again.

Anoter important fact is that PAGE is 100% backed by gold, while GLD, COMEX etc... don't really have the gold.

Finally, PAGE will be the prerequisite for China to introduce the yuan as reserve currency.

Commodity performance year to date

Today Goldmoney presented a nice chart about the relative performance of several commodities.

Notable is that natural gas has done really bad, due to oversupply. While silver and platinum are the best performers.

Performance year to date of commodities

Capacity Utilization at 78.5%

Capacity Utilization reported at 78.5%. I think that this is still bullish going forward for precious metals.

The uptrend is still intact, so no worries holding gold and silver. But I expected it to go up more, so I'm a bit disappointed...

See my analysis at: Seekingalpha

Adecoagro (AGRO): Agriculture in South America

At the beginning of 2012 agriculture prices are starting to turn around after the big correction that occured in 2011 (Chart 1). Speculators have started to add net long positions in agriculture due to drought concerns in South America.

Chart 1: Rogers Agriculture ETN (RJA)

A great play on agriculture is Adecoagro (AGRO), to find out, go to: Seekingalpha

Platinum gaining ground over Gold

As I wrote an article about Platinum a few days ago, Goldmoney.com has its eyes on the Platinum price too:

You can find the article here:
Goldmoney's article

Insider Trading Update

Today I present you notable bullish insider transactions for the last 13 weeks.

1) LaCie

2) Sears
3) Transocean

4) Wendy's

5) Dominion

To see the analysis go to: Seekingalpha