Group J: 11 Commodities and precious metals ETF's

Below my transactions (older than 1 month) from group J: info

BOUGHT

Date: 11-08-2020
ETF: WisdomTree/ETFS Physical Gold ETF
Price: 157,57
More info:

ETF provider: WisdomTree

Ticker: PHAU

ISIN: JE00B1VS3770

Currency: Euro

Exchange: Euronext Amsterdam

Long term: 1 year

Expected profit: 35%

Achievable within 1 year: 80% chance

Short term: 1 month

Expected profit: 7%
Achievable within 1 month: 70% chance

Reason bought:

Today a dip in the gold price. Normal after the long hike. For the longer term, everything will continue to look good. Low interest rates, money printing, high US government debt, lower dollar and higher inflation over time. Reason to use the dip to get in.

SOLD

Date: 06-08-2020
Type sell: Long term sell
ETF: ETFS (WisdomTree) Physical Silver ETF
Purchase date: 16-03-2020
Price: 21,90
Realised profit: 57%
Reason sell:

Multiple purchases over the years. Now completely disembarked. For the longer term, my expectation remains that the silver and gold price will rise much further. In recent times, however, the increase has been very fast. The chance of a short-term relapse therefore increases. It also has to do with the way the ETF website works. The intention is to get in and out often. To get some profit in the books that way. If I see buying opportunities with the gold and silver ETF again, I will take up positions again. However, now is the time to secure profits.

SOLD

Date: 06-08-2020
Type sell: Long term sell
ETF: WisdomTree/ETFS Physical Gold ETF
Purchase date: 19-07-2018
Price: 164
Realised profit: 56%
Reason sell:

The increase has been very fast lately. Reason to take a profit.

SOLD

Date: 03-08-2020
Type sell: Long term sell
ETF: WisdomTree (ETFS) Coffee
Purchase date: 17-06-2020
Price: 0,68
Realised profit: 17%
Reason sell:

The annual target was 25% return. Now after only 6 weeks a large part of the goal has been reached. Corona, and economic growth creates uncertainties that make me more willing than usual to take a profit.

SOLD

Date: 30-06-2020
Type sell: Short term sell
ETF: WisdomTree (ETFS) Coffee
Purchase date: 17-06-2020
Price: 0,61
Realised profit: 5%
Reason sell:

Mission accomplished.

BOUGHT

Date: 17-06-2020
ETF: WisdomTree (ETFS) Coffee
Price: 0,58
More info:

ETF provider: WisdomTree

Ticker: COFF

ISIN: GB00B15KXP72

Currency: Euro

Exchange: Borsa Italiana

Long term: 1 year

Expected profit: 25%

Achievable within 1 year: 80% chance

Short term: 1 month

Expected profit: 5%
Achievable within 1 month: 70% chance

Reason bought:

Restaurants, terraces and many company canteens closed. Obviously that was not good for the demand for coffee. Now that restaurants and terraces are open again everywhere, demand will increase again. Drinking coffee at home has of course continued and probably even increased. Drinking coffee is still a luxury for residents of many countries. In those countries, the demand for coffee will not yet be high. Still, I decided to buy this coffee ETF now. Fears of lower demand have caused the price to fall sharply. That decline has gone too far.

SOLD

Date: 05-06-2020
Type sell: Long term sell
ETF: ETFS/WisdomTree Brent Oil
Purchase date: 26-03-2020
Price: 15,82
Realised profit: 33%
Reason sell:

A total of three purchases from 3/26/2020. The oil price (Brent) has risen above $ 40 today. Although the lockdowns are lifted, the economic damage remains large. It will be a long time before the demand for oil returns to its pre-corona crisis level. As a result, the oil price has become even more dependent on production restrictions. American shale oil companies often need a price (WTI) of at least $ 50. With $ 40 for Brent, the major oil-producing countries can already make a profit. This can ensure that efforts will be made to prevent WTI oil from rising well above $ 40. Because pushing the American shale oil sector out of the market will still be a goal. OPEC can therefore decide to increase production a little again at an even higher oil price. Reason to grab the profit with a nice return in a relatively short time.

SOLD

Date: 02-06-2020
Type sell: Short term sell
ETF: ETFS Physical Silver ETF
Purchase date: 28-02-2020
Price: 15,35
Realised profit: 5%
Reason sell: Mission accomplished.

SOLD

Date: 05-05-2020
Type sell: Short term sell
ETF: ETFS/WisdomTree Brent Oil
Purchase date: 21-04-2020
Price: 11,82
Realised profit: 7%
Reason sell:

Mission accomplished.

BOUGHT

Date: 21-04-2020
ETF: ETFS/WisdomTree Brent Oil
Price: 11,05
More info:

ETF provider: WisdomTree

Ticker: OILBP

ISIN: GB00B0CTWC01

Currency: Euro

Exchange: Euronext Parijs

Long term: 1 year

Expected profit: 70%

Achievable within 1 year: 80% chance

Short term: 1 month

Expected profit: 7%
Achievable within 1 month: 80% chance

Reason bought:

Due to insufficient storage capacity, the future that expires today has fallen sharply. Storage tanks are full. But the oil tankers at sea are also full. This ensures that there are almost no more transport options. Previously, power over the oil price lay with OPEC and Russia. With production restrictions, the price could be controlled. That power over the oil price has now shifted to oil companies and oil traders who own all that excess oil. Because by renting almost all oil tankers for storage, they have become the master of transport. OPEC may want to supply the oil so cheaply. If oil tankers are already full or unavailable, no one can come and collect that cheap oil. Almost no supply options. Then the owners of the oil in storage determine the price. Oil companies and traders who obviously want to make a profit on their very cheaply bought oil. Oil prices may remain under pressure in the very short term. But if more and more lockdowns are relaxed within a few weeks and the demand for oil increases immediately, the price will rise considerably.

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