All Posts Tagged With: "Indonesia"
Report from the Editorial Meeting
Six times a year, the Agora Financial editors converge from all over the world on Baltimore to exchange ideas about the state of the world and what it means for your investments. Much of the discussion yesterday was frankly grim.
Even Groucho Marx Would be Happy With Indonesia’s Profit Opportunities
At times, you can tell a country by the company it keeps. Indonesia just announced it plans to leave the Organization of the Petroleum Exporting Countries (OPEC), the infamous cartel that tries to push our oil prices through the roof.
Careful Timing Could Mean Big Profits From The Worlds No.1 Coal Exporter
If you missed out on Indonesia before… don’t fret, because if I’m right, a second bite of the cherry is about to come your way.
Number of OPEC Countries Shrinks as Indonesia Bows Out
The number of OPEC countries has dropped to 12 from 13 after Indonesia an OPEC member since 1962, has announced it will leave the oil producers’ consortium due falling oil production. This from Bloomberg:
Indonesia, the only OPEC member in Southeast Asia, will pull out of the group as aging fields and declining production force the region’s biggest economy to boost imports.
Indonesia to Withdraw from OPEC Due to High Oil Prices
Indonesia, the sole Asian member of the Organization of the Petroleum Exporting Countries (OPEC), will withdraw from the oil cartel at the end of this year.
Checking In on the Gold to Oil Ratio
What you’re looking at below is a chart of the gold-to-oil ratio. The gold-to-oil ratio is exactly what it sounds like. You simply take the spot price for an ounce of gold — around $900 per ounce as of this writing — and divide it by the price of a barrel of oil.
Playing the Gold Price
Our favorite gold stock, Avocet Mining, is looking battered! But things look like they’re about to turn. A recent trading statement delivered positive news.
The Run on Rice Wears Thin: A 20% Correction Could Be in Store
The price of rice finally started to moderate this week, with rice futures sinking for a fifth straight day. Rice has retreated 11.6% on the Chicago Board of Trade since hitting an all-time high last Thursday.
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