China’s stock markets (FXI) have been rallying since early September because according to Handwerger, "Speculation is rising that the newly chosen Communist Party may boost the economy. The China 25 index fund (FXI) is approaching a major 52 week high breakout."
This may be impacting industrial metal prices which have moved higher . According to Handwerger, "Chinese industries may be beginning to aggressively stockpile ahead of 2013.
Uranium miners (URA) are rebounding gapping above the 50 day moving average as China starts construction on new reactors and as Japan announces a pro-nuclear party, whose goal is to use additional stimulus to weaken the Yen."
Read the free report by clicking the following link:
Gold Stock Trades is a daily newsletter service run by Jeb Handwerger. Jeb is an expert at fundamental analysis and technical charting, with a wealth of experience covering the precious metals sector. Gold Stock Trades has more than 16,000 daily subscribers in 40+ countries around the world.
We are offering ideas for your consideration and education. We are not offering financial advice. None of our content is provided to invite or encourage any person to make any kind of investment decision. We are not financial advisors. We advise you to consult with a professional financial and investment advisor before relying on any content. Please do your own due diligence!
We are sharing our ideas for educational and informational purposes only. You must do your own due diligence and are responsible for your own investments.
From time to time, Gold Stock Trades and its directors, officers, employees or members of their families, as well as persons interviewed for articles on the site, may have a long or short position in securities mentioned and may make purchases and/or sales of those securities in the open market or otherwise. Please see our list of current sponsors (http://goldstocktrades.com/
Some information in our content can be construed as forward-looking statements. Forward looking statements are uncertain and actual results may differ from our expectations. We seek safe harbor.
By reading this disclaimer you will not hold responsible any person associated with Gold Stock Trades for any losses that may occur from trading based on this information. If you do not agree with the terms of our disclaimer, do not access our website or content, and unsubscribe if you are already a member.
Sign up for my free newsletter where I will post my “up to the minute” ideas and analysis of the markets. Comment and ask questions as we are all learning and growing. Empower yourself and learn how to anticipate opportunities.
All material in my newsletter and blog is copyrighted.