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Below my transactions (older than 1 month) from group J: info
The annual target was 20%. Now after a little over 2 months more than half has been reached, sold. In addition to supply and demand, the coffee price is also very dependent on the weather. The weather is decisive for a good or bad harvest. How good or how bad the harvest is has the greatest influence on the coffee price. Unfortunately the weather is very difficult to predict. The coffee price and also the price of this ETF can suddenly go up quickly but also down. The price has been fairly stable for a while now. The chance of an upcoming larger movement has therefore increased. So we did not take the risk that this movement may be down and now the profit is taken.
Mission accomplished.
This position has been open for a long time. The corona outbreak earlier this year did not do the copper price any good. Shortly afterwards, the copper price entered a bull market. The line in the graph has risen faster and faster in recent times. This can cause a relapse in the short term. Reason to sell now.
ETF provider: WisdomTree
Ticker: PHAG
ISIN: JE00B1VS3333
Currency: Euro
Exchange: Euronext Amsterdam
The hopes for a soon vaccine are still making silver to decline. It is a snapshot where investors are only focusing on those vaccines. Fundamentally we are dealing with extremely low interest rates and a lot of stimulus. Printing money, but also increasingly more money to the consumer, so that inflation will probably rise sharply from the summer of next year. Yesterday we had another windfall. Most likely, former FED chairman Janet Yellen will become the new US Secretary of the Treasury. Yellen is known for being a proponent of a lot of stimulation. In the chair of finance, she will do this by providing consumers with more money to spend. Something that will increase inflation extra quickly.
Ticker: COFF
ISIN: GB00B15KXP72
Exchange: Borsa Italiana
Let's celebrate all those hopeful reports about a vaccine with a nice cup of coffee. Of course, people also drink coffee at home during limited lockdowns. But at work, in the restaurant and on the terrace, that goes a bit more smoothly when you are together with others. The second corona wave in Europe is passing. The vaccines will come in the course of next year. That is why the demand for coffee will increase from now on. The supply side remains difficult to estimate. Failed harvests or very good harvests will also influence the coffee price. The almost lowest price of this ETF in 5 years, in combination with an increasing demand for coffee, is reason for me to step in now.
Fallen due to the stronger dollar, caused by the lower euro. The euro has come under pressure due to the increased corona infections in Europe. A temporary effect. The high US government debt and the large stimulus packages from the FED will cause the dollar to fall again.
After the steep rises, a short setback. The fundamentals of low interest rates, money printing, low dollar and high US government debt remain good for silver. In the long term, higher inflation will provide an extra push. What will increasingly play a role is the lack of physical silver. Few new silver mines are being started up. Demand from the electronics industry remains significant. The demand for silver coins is increasing rapidly. The low supply and increasing demand will cause the silver price to rise sharply.