Commodity Fundamentals provides comprehensive coverage of supply/demand data for more than 20 physical commodities in the precious metals, energy, grains, and tropical commodity markets. Detailed information on the production, transportation, and storage of each commodity allows traders to monitor developments and identify trading opportunities with a particular emphasis on crude oil, heating oil, gasoline, and the gold market. The book also discusses trading techniques that are specific to physical commodities, such as certain types of spread trades and cash-and-carry trades. An appendix outlines where to obtain additional statistical information on each commodity, including copies of actual exchange contracts.
Praise for Commodity Fundamentals
"Commodity Fundamentals is THE book for investors looking to enter the commodity markets. This informative guide is a welcome addition on the subject and is a must-read for commodity investors."
-Jim Atkinson, President, Guinness Atkinson Funds
"Ronald Spurga's Commodity Fundamentals is an illuminating and very useful guide for the subject. A welcome addition to any business library."
-Robert F. Himmelberg, PhD, Dean, Fordham's Graduate School of Business Administration
"A straightforward introduction crafted for the individual on the mechanics of commodity trading. The author efficiently negotiates the often confusing yet very topical commodity trading world for the individual."
-Terence A. Mullervy, Finance Director, Glencore UK Ltd.
Commodity Fundamentals provides you with the in-depth insights needed to make commodities trading a profitable, integral component of your overall trading activities. Written by Ronald Spurga, a Vice President of ABN AMRO Bank and longtime veteran of the investment banking wars, this straightforward guide arms you with the information you need to succeed in the highly profitable commodity marketplace-whether you are a trading veteran, a relative newcomer, or anywhere in between.
Inhaltsverzeichnis
Part One Should You Speculate?
Chapter 1 Guidelines for Commodity Speculation 3
Chapter 2 The Speculator and the Commodity Exchanges 5
Chapter 3 The Mechanics of Trading 11
Part Two Techniques for Trading Physical
Commodities
Chapter 4 Technical Analysis 25
Chapter 5 The Risks of Speculation 29
Part Three Speculating in Metals
Chapter 6 Gold 33
Chapter 7 Silver 41
Chapter 8 Platinum 47
Chapter 9 Copper 55
Chapter 10 Palladium 59
Part Four Speculating in Energy
Chapter 11 Crude Oil 67
Chapter 12 Gasoline 73
Chapter 13 Heating Oil 77
Chapter 14 Natural Gas 81
Part Five Speculating in Tropical Commodities
Chapter 15 Cocoa 91
Chapter 16 Coffee 99
Chapter 17 Sugar 107
Chapter 18 Cotton 113
Chapter 19 Orange Juice 121
Part Six Speculating in Agricultural
Commodities and Meats
Chapter 20 Grain 129
Chapter 21 Cattle 147
Chapter 22 Hogs 153
Chapter 23 A Word about Forecasting Supply and Demand in Meats 159
Part Seven Final Considerations
Chapter 24 Commodity Funds 167
Chapter 25 Sources of Market Information 169
Glossary of Common Commodity Trading Terms 175
Index 181
