As we enter the final month of the year, investors have plenty of things to digest. This past week has been one of the strongest in recent memory as euro hopes combined with positive U.S. data to push markets higher. Some of the biggest commodities on the week have been natural gas and crude oil. Natural gas in the U.S. has seen stockpiles hit historic highs as mild weather across the country has slaughtered demand for the commodity. Thursday saw inventories decrease to ease some concerns, but natural gas is still under a fair amount of pressure. Crude oil is poised to finish out the week above $100/barrel as the fossil fuel has been powered by strong equities and favorable news from around the world [see also Three Things Wall Street Journal Didn’t Tell You About Commodities].
Coming off of a busy week for markets, we outline three of the best commodity stories from around the web.
Schiff: Fed Will Debase Dollar Till It Can’t at Index Universe:
Peter Schiff is the president and Chief Global Strategist of Euro Pacific Capital and is one of the most respected names in the industry. Index Universe had the opportunity to chat with with Schiff about the current global economy and how he thinks the euro zone woes will play out. One of the biggest talking points of the interview focused on the dollar and how the currency will move based on what actions the euro zone chooses to execute. Schiff also explains his take on why precious metals will continue to rise if the dollar stays under pressure [see also 25 Ways To Invest In Silver].
Copper is one of the world’s oldest and most functional metals. With its uses spanning everywhere from electrical wiring to automobiles, the metal can often be thought of as a proxy for the industrial sector if not the economy as a whole. But the metal had been experiencing some tough times over the past few weeks, that is, until November came to a close. Copper futures rallied as China, the world’s largest consumer of copper, cut reserve requirement ratios for banks for the first time in years. This points to an influx of consumption from one of the globe’s leading emerging economies and could translate into further gains for the reddish-brown metal.
Dividend Special: Four Commodity Stocks Yielding Over 5% at CommodityHQ:
Value investing has long been the mainstay for many investors who have found the steady income streams to be the best way to invest. Dividends provide a laundry list of benefits to a portfolio including an inflation hedge as well as protection against market dips. But as far as commodity investing is concerned, some investors may be unaware of the high yielding options available, as many think of commodity investments simply as volatile futures contracts. This article outlines four high-yielding commodity investments to boost your portfolio’s income stream.
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Disclosure: No positions at time of writing.