Investing Talk Investing Talk    FAQ   Search   Memberlist   Usergroups   Register   Profile   Log in to check your private messages   Log in  Metals & Materials - stocks, funds, ETFs          Investing Talk Forum Index -> Mutual Funds View previous topic :: View next topic   Author Message P.Schuman Guest Posted: Wed Mar 21, 2007 6:43 am    Post subject: Metals & Materials - stocks, funds, ETFs just wanted a new thread with a wider subject/topic title and snip'd the other text... Now - what to do with $10k as a starting point ? ------------------------------------ - found a whole new area of SPDR's to read about, and how they approach segmenting the S&P into 9 strategic SPDRs. http://www.spdrindex.com/performance/ but then.... http://news.morningstar.com/etf/Lists/ETFReturns.html and then going to each area and doing a little more research. http://www.powershares.com/products.aspx?ticker=PYZ http://www.spdrindex.com/eqsnaps/index.cfm?story=snapshot&symbol=XLB Also, tnx for the pointers on TIE, and the various other ETF's Quote: Freeport-McMoRan Copper & Gold Inc. (FCX) Jim Cramer just said (5 minutes ago) it's going much higher. If you trust Cramer's judgment. My choices in the basic materials sector are Titanium Metals Corp. (TIE) WisdomTree International Basic Materials (DBN) I track 7 basic materials ETF's and they are all doing well. PowerShares Dynamic Basic Materials (PYZ) is currently leading year to date. There are 9 SPDR Select Sectors. Together they make up the S&P500. Materials Select Sector SPDR (XLB) is leading the 9 by a wide margin, Utilities Select Sector SPDR (XLU) is in second place. -------------------- Now that FCX is in the process of acquiring PD, does it make sense to still hold USERX or should I just swp it for FCX directly ? I've been in and out of USERX over the years, and was holding it... but looking for some copper with PD. Back to top   Ads Advertising Sponsor Gary C Guest Posted: Wed Mar 21, 2007 8:48 am    Post subject: Re: Metals & Materials - stocks, funds, ETFs "P.Schuman" <pschuman_no_spam_me@interserv.com> wrote in message news:a50Mh.8707$yW.7497@newssvr11.news.prodigy.net... Quote: Also, tnx for the pointers on TIE, and the various other ETF's Two other also with TIE. RTI and ATI. Back to top   Ads Advertising Sponsor rono Guest Posted: Wed Mar 21, 2007 4:31 pm    Post subject: Re: Metals & Materials - stocks, funds, ETFs On Mar 20, 9:43 pm, "P.Schuman" <pschuman_no_spam...@interserv.com> wrote: Quote: just wanted a new thread with a wider subject/topic title and snip'd the other text... Now - what to do with $10k as a starting point ? ------------------------------------ - found a whole new area of SPDR's to read about, and how they approach segmenting the S&P into 9 strategic SPDRs.http://www.spdrindex.com/performance/ but then....http://news.morningstar.com/etf/Lists/ETFReturns.html and then going to each area and doing a little more research.http://www.powershares.com/products.aspx?ticker=PYZhttp://www.spdrindex.com/eqsnaps/index.cfm?story=snapshot&symbol=XLB Also, tnx for the pointers on TIE, and the various other ETF's Freeport-McMoRan Copper & Gold Inc. (FCX) Jim Cramer just said (5 minutes ago) it's going much higher. If you trust Cramer's judgment. My choices in the basic materials sector are Titanium Metals Corp. (TIE) WisdomTree International Basic Materials (DBN) I track 7 basic materials ETF's and they are all doing well. PowerShares Dynamic Basic Materials (PYZ) is currently leading year to date. There are 9 SPDR Select Sectors. Together they make up the S&P500. Materials Select Sector SPDR (XLB) is leading the 9 by a wide margin, Utilities Select Sector SPDR (XLU) is in second place. -------------------- Howdy, Not really what you're after but here's the way I've been playing the sector. I'm not as conservant with ETF's as Ed, so haven't been using them as much. natural resource funds - Price PRNEX and US Global PSPFX precious metals funds - tocqueville TGLDX and US Global UNWPX Ag commodities ETF - DBA Silver ETF - SLV Central Fund of Canada - CEF - closed end fund that's 60/40 gold/ silver bullion timber stock PCL non-precious mining stocks - BHP, RIO, PCU gold stocks - GG, AUY palladium stock - PAL silver stocks - CDE, PAAS, SLW, SSRI, AEMLW silver penny stocks - SLGLF.OB, STVZF.PK, SVMFF.PK, YZCCF.PK This is how I am playing this sort of thing right now. peace, rono Quote: Now that FCX is in the process of acquiring PD, does it make sense to still hold USERX or should I just swp it for FCX directly ? I've been in and out of USERX over the years, and was holding it... but looking for some copper with PD.- Hide quoted text - - Show quoted text -- Hide quoted text - - Show quoted text - Back to top   Ads Advertising Sponsor Evojeesus Guest Posted: Wed Mar 21, 2007 7:00 pm    Post subject: Re: Metals & Materials - stocks, funds, ETFs On Mar 21, 12:31 pm, "rono" <overt...@cablespeed.com> wrote: Quote: natural resource funds - Price PRNEX and US Global PSPFX precious metals funds - tocqueville TGLDX and US Global UNWPX Ag commodities ETF - DBA Silver ETF - SLV Central Fund of Canada - CEF - closed end fund that's 60/40 gold/ silver bullion timber stock PCL non-precious mining stocks - BHP, RIO, PCU gold stocks - GG, AUY palladium stock - PAL silver stocks - CDE, PAAS, SLW, SSRI, AEMLW silver penny stocks - SLGLF.OB, STVZF.PK, SVMFF.PK, YZCCF.PK How about uranium, it's a metal too after all? Back to top   Ads Advertising Sponsor Ed Guest Posted: Wed Mar 21, 2007 8:35 pm    Post subject: Re: Metals & Materials - stocks, funds, ETFs "Evojeesus" <evojeesus@mailinator.com> wrote in message news:1174485609.186455.127610@o5g2000hsb.googlegroups.com... Quote: On Mar 21, 12:31 pm, "rono" <overt...@cablespeed.com> wrote: natural resource funds - Price PRNEX and US Global PSPFX precious metals funds - tocqueville TGLDX and US Global UNWPX Ag commodities ETF - DBA Silver ETF - SLV Central Fund of Canada - CEF - closed end fund that's 60/40 gold/ silver bullion timber stock PCL non-precious mining stocks - BHP, RIO, PCU gold stocks - GG, AUY palladium stock - PAL silver stocks - CDE, PAAS, SLW, SSRI, AEMLW silver penny stocks - SLGLF.OB, STVZF.PK, SVMFF.PK, YZCCF.PK How about uranium, it's a metal too after all? Cameco, CCJ Back to top   Ads Advertising Sponsor rono Guest Posted: Thu Mar 22, 2007 4:36 pm    Post subject: Re: Metals & Materials - stocks, funds, ETFs On Mar 21, 10:00 am, "Evojeesus" <evojee...@mailinator.com> wrote: Quote: On Mar 21, 12:31 pm, "rono" <overt...@cablespeed.com> wrote: natural resource funds - Price PRNEX and US Global PSPFX Howdy, Quote: How about uranium, it's a metal too after all? As Ed mentioned, the pure play stock is CCJ Cameco. However, BHP is the 4th largest producer in the world. I bought BHP for several reasons. It's either the largest or second largest full spectrum miner in the world - they mine everything. They pay a decent dividend (2.4%). They are Australian and their number one trading partner is China so indirectly, they're a China play. As for uranium, I see it as a bit dicey as a pure play and that's why I've avoided CCJ all these years. I know all about the global warming and coal fired power plant arguements. However, there is still a HUGE faction that doesn't want any more nuke plants regardless. This anti- bloc is sufficient in and of itself, to drive up the cost of additional nuke plants. Part of their arguement is disposal and I haven't seen any solutions to this problem. The other issue that concerns me a LOT is that from what I've always read, there is a very limited supply of feed stock uranium available in the earth and that the supply problem for uranium going foward is actually worse than for oil. So, I don't want to pure play this rascal, but will just own BHP and cover the space. peace, rono Back to top   Ads Advertising Sponsor Evojeesus Guest Posted: Thu Mar 22, 2007 6:31 pm    Post subject: Re: Metals & Materials - stocks, funds, ETFs On Mar 22, 12:36 pm, "rono" <overt...@cablespeed.com> wrote: Quote: On Mar 21, 10:00 am, "Evojeesus" <evojee...@mailinator.com> wrote:> On Mar 21, 12:31 pm, "rono" How about uranium, it's a metal too after all? As Ed mentioned, the pure play stock is CCJ Cameco. My understanding is that they've hedged a lot of their production at a very low uranium price. Also, the real condition of the Cigar Lake mine is still unknown. Quote: As for uranium, I see it as a bit dicey as a pure play and that's why I've avoided CCJ all these years. I know all about the global warming and coal fired power plant arguements. However, there is still a HUGE faction that doesn't want any more nuke plants regardless. This anti- bloc is sufficient in and of itself, to drive up the cost of additional nuke plants. Yes, but won't the anti-bloc also depress the price of uranium stocks? In the end many countries might be forced to build more nuclear power, regardless of the opposition. The other option is coal, which is environmentally disastrous. Quote: Part of their arguement is disposal and I haven't seen any solutions to this problem. http://news.bbc.co.uk/2/hi/science/nature/4948378.stm Quote: The other issue that concerns me a LOT is that from what I've always read, there is a very limited supply of feed stock uranium available in the earth and that the supply problem for uranium going foward is actually worse than for oil. Should make an excellent investment opportunity then, if that's true (I doubt it). Quote: So, I don't want to pure play this rascal, but will just own BHP and cover the space. Won't BHP or any general mining stock get badly hit if there's a global recession? The demand for uranium is highly inelastic, recession or not. Back to top   Ads Advertising Sponsor Ed Guest Posted: Fri Mar 23, 2007 9:20 pm    Post subject: Re: Metals & Materials - stocks, funds, ETFs I think USU is another interesting uranium play. "rono" <overtonr@cablespeed.com> wrote in message news:1174563389.378478.291290@n59g2000hsh.googlegroups.com... Quote: On Mar 21, 10:00 am, "Evojeesus" <evojee...@mailinator.com> wrote: On Mar 21, 12:31 pm, "rono" <overt...@cablespeed.com> wrote: natural resource funds - Price PRNEX and US Global PSPFX Howdy, How about uranium, it's a metal too after all? As Ed mentioned, the pure play stock is CCJ Cameco. However, BHP is the 4th largest producer in the world. I bought BHP for several reasons. It's either the largest or second largest full spectrum miner in the world - they mine everything. They pay a decent dividend (2.4%). They are Australian and their number one trading partner is China so indirectly, they're a China play. As for uranium, I see it as a bit dicey as a pure play and that's why I've avoided CCJ all these years. I know all about the global warming and coal fired power plant arguements. However, there is still a HUGE faction that doesn't want any more nuke plants regardless. This anti- bloc is sufficient in and of itself, to drive up the cost of additional nuke plants. Part of their arguement is disposal and I haven't seen any solutions to this problem. The other issue that concerns me a LOT is that from what I've always read, there is a very limited supply of feed stock uranium available in the earth and that the supply problem for uranium going foward is actually worse than for oil. So, I don't want to pure play this rascal, but will just own BHP and cover the space. peace, rono Back to top   Ads Advertising Sponsor darkness39 Guest Posted: Sat Mar 24, 2007 2:02 pm    Post subject: Re: Metals & Materials - stocks, funds, ETFs On Mar 22, 11:36 am, "rono" <overt...@cablespeed.com> wrote: Quote: On Mar 21, 10:00 am, "Evojeesus" <evojee...@mailinator.com> wrote:> On Mar 21, 12:31 pm, "rono" <overt...@cablespeed.com> wrote: natural resource funds - Price PRNEX and US Global PSPFX Howdy, How about uranium, it's a metal too after all? As Ed mentioned, the pure play stock is CCJ Cameco. However, BHP is the 4th largest producer in the world. BHP from memory is very much an iron ore/ coal play. As long as China keeps growing, BHP is in a good position. I bought BHP for several Quote: reasons. It's either the largest or second largest full spectrum miner in the world - they mine everything. They pay a decent dividend (2.4%). They are Australian and their number one trading partner is China so indirectly, they're a China play. As for uranium, I see it as a bit dicey as a pure play and that's why I've avoided CCJ all these years. I know all about the global warming and coal fired power plant arguements. However, there is still a HUGE faction that doesn't want any more nuke plants regardless. This anti- bloc is sufficient in and of itself, to drive up the cost of additional nuke plants. Depends very much which country. I think Eastern Europe will go for nuclear, and so too will China and India. US and UK is uncertain. Ditto Canada and Australia. Germany probably not. Finland is building one. The French 'third generation' reactor is due at Flamanville in 2016/17. The big markets will be China, India and other third world countries. Believe it or not, places like Iran have a credible case for nuclear power: expanding populations, and better things to do with their gas reserves. In practical terms, I think it is turning on nuclear power. The big factor was Putin's boys at Gazprom tweaking the Ukrainian tap last winter. Europe was in the middle of a cold snap, and suddenly the gas wasn't coming through. British wholesale gas prices rose 10 fold. Suddenly the world was reminded that the Russians are a political black box, with uncertain motives and behaviour. The Russians are talking about creating a 'gas OPEC'. In actual fact, world gas reserves are more concentrated than world oil reserves, so there is the potential (although I can't see Qatar, Nigeria, Russia and Iran getting together). Since then, even the Germans have started a hard rethink about nuclear power (although I don't think they will build new stations, they will certainly delay phasing out the existing ones). Nuclear power remains an expensive power source. A successful terrorist attack on the nuclear industry could easily close it all down. And the sites were never designed for the sorts of people who hijack airliners and crash them into buildings, nor the sorts of people who don't care about their own lives. But the recent EU agreement to reduce greenhouse gases by 20% by 2020, and 60% by 2050, is a measure of the minimum the developed world will have to do in the next 40 or 50 years to fight global warming. The 10 hottest years ever recorded have been in the last 20. The hottest summer ever was 2005, I believe. Temperatures in Dewember-January in the northern hemisphere were as much as 20 degrees centigrade above average. This is going to be the obsession of the mid 21st century. The cheapest way to do something about global warming is to do something about electric power production (roughly 40% of all CO2 emissions). And in particular, to use less coal, which is over twice as polluting (per unit of electric power) as gas. Whilst wind power has its attractions (and hence the boom in wind power in Texas), for baseload power, nuclear is an attractive technology. Conservation, wind, combined heat and power, nuclear- -each has a role to play in constructing the future power portfolio. Carbon Sequestration from coal plants is not yet a fully operational technology, but has a lot of promise. Part of their arguement is disposal and I Quote: haven't seen any solutions to this problem. The big one. The French solution is to announce that they are not disposing, they are storing. Local communities have accepted this-- particularly as it creates permanent jobs in places with high unemployment. In addition, the French are much more trusting of government technocrats than the Americans. The other issue that Quote: concerns me a LOT is that from what I've always read, there is a very limited supply of feed stock uranium available in the earth and that the supply problem for uranium going foward is actually worse than for oil. The short term situation is truly desperate. Half of the world's uranium supplies come from existing stockpiles (Russian bombs, nuclear power plants) that are being dismantled. Those stockpiles are running down. Environmental restrictions on mining post a major obstacle. And then Cigar Lake (10% of world supply) flooded, and will not be producing before 2009/10. Geologically, however, I am given to understand that uranium is one of the world's most common heavy minerals. There are undeveloped sites in the US, Canada, Australia, as well as Africa. There has been a complete absence of investment because of pollution problems and the end of the Cold War. So with high prices, there will be investment in new resources. Quote: So, I don't want to pure play this rascal, but will just own BHP and cover the space. peace, rono Back to top   Ads Advertising Sponsor darkness39 Guest Posted: Sat Mar 24, 2007 2:04 pm    Post subject: Re: Metals & Materials - stocks, funds, ETFs On Mar 22, 11:36 am, "rono" <overt...@cablespeed.com> wrote: want to pure play this rascal, but will just own BHP and Quote: cover the space. peace, rono I would add to my thoughts, if you believe in Peak Oil, then nuclear power, and uranium, are complete no brainers. There's no other way, within a 20-30 year time horizon, to meet civilisation's appetite for energy. 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