Will Precious Metals Shine A Market Efficiency Perspective
Download Will Precious Metals Shine A Market Efficiency Perspective full books in PDF, epub, and Kindle. Read online free Will Precious Metals Shine A Market Efficiency Perspective ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
| Author | : Amélie Charles |
| Publisher | : |
| Total Pages | : 25 |
| Release | : 2014 |
| Genre | : |
| ISBN | : |
Precious metals (gold, silver, and platinum) have become an important part of investment portfolios for individuals as well as for institutions. A key question is whether investors should actively trade these metals to time the market or whether they should take a buy-and-hold strategy. This paper examines the weak-form efficiency of precious metals markets with this question in mind, using the automatic portmanteau and variance ratio tests. It is found that return predictability of these markets has been changing over time, depending on prevailing economic and political conditions. The return predictability of gold and silver markets have been showing a downward trend, implying that the degree of the weak-form efficiency of these markets have been gradually improving. In particular, the gold market has been highly efficient recently, showing the highest degree of market efficiency among the three precious metals markets. The overall evidence suggest an buy-and-hold strategy, but profit opportunities may arise from time to time depending on prevailing economic or political conditions.
| Author | : Paul Draper |
| Publisher | : |
| Total Pages | : |
| Release | : 2006 |
| Genre | : |
| ISBN | : |
The investment role of precious metals in financial markets is investigated by analysis of daily data for gold, platinum, and silver from 1976 to 2004. All three precious metals have low correlations with stock index returns, which suggests that these metals may provide diversification within broad investment portfolios. Moreover, the data reveal that all three precious metals have some hedging capability, particularly during periods of abnormal stock market volatility. Financial portfolios that contain precious metals perform significantly better than standard equity portfolios.
| Author | : Philip Gotthelf |
| Publisher | : John Wiley & Sons |
| Total Pages | : 350 |
| Release | : 2005-05-06 |
| Genre | : Business & Economics |
| ISBN | : 0471747440 |
A detailed look at how to profit in the precious metals market Today, gold, silver, platinum, and palladium offer a new and different profit potential for those who understand the impact of new technologies, new economic forces, and new demographics. Updated to reflect changes in this market since the mid-1990s, The Precious Metals Trader focuses on new developments that could translate into serious profit-making trends-from electrically-generated automobiles that could substantially increase demand for platinum to the increased use of composites in dentistry, which could negatively impact the use of both silver and gold. The Precious Metals Trader also explains the supply/demand fundamentals of the four precious metals-gold, silver, platinum, and palladium-and provides projections about long-term trends and profit opportunities that will coincide with them. Filled with fresh insights from Philip Gotthelf-one of the top experts in this field-The Precious Metals Trader offers readers the guidance they need to trade profitably within this dynamic market. Philip Gotthelf (Closter, NJ) publishes the Commodex System-the oldest daily futures trading system published in the world-and the Commodity Futures Forecast Service. He is also President of Equidex Incorporated and Equidex Brokerage Group Inc.
| Author | : Alan Northcott |
| Publisher | : Atlantic Publishing Company |
| Total Pages | : 267 |
| Release | : 2011 |
| Genre | : Business & Economics |
| ISBN | : 1601382928 |
As the U.S. economy struggles to recover from the worst economic crisis since the Great Depression, citizens across the country are searching for alternative investment vehicles. Many are finding solace in a precious metal that has been a universal measure of wealth since early civilization: gold. Investment brokers and novices alike are reaping the benefits that come with diversifying their investments. Goldâe(tm)s value is determined by a number of factors including the volume of the metal held by prosperous countries, the rarity of the metal as it is refined, and current market trends, such as inflation and the movement of the investment market. In 1910, gold was worth $20 an ounce; a century later, in 2010, the value of gold reached nearly $1,120 an ounce. This book discusses where the value of these metals first originated and how they have evolved over the course of human history. You will learn how practical uses of precious metals have directly affected their value over time and how metals like gold and silver are direct indicators of the current state of the economy. Most importantly, you will learn to recognize market trends that pinpoint the risk of inflation and the exodus from stock to precious metals that will often occur as a result. You will learn how to use mutual funds and futures to diversify your portfolio without spreading yourself too thin. With advice from dozens of financial experts and commodities traders, you will learn how to maximize your return and minimize your risk. If you are looking to diversify your portfolio and protect your investments, The Complete Guide to Investing in Gold and Precious Metals is your handbook for making the most from your investment. Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company presidentâe(tm)s garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice. Every book has resources, contact information, and web sites of the products or companies discussed.
| Author | : Philip Gotthelf |
| Publisher | : Irwin Professional Publishing |
| Total Pages | : 264 |
| Release | : 1998 |
| Genre | : Business & Economics |
| ISBN | : |
Philip Gotthelf shows readers exactly how to profit from changes sweeping the precious metals marketplace. Authoritative and full of fresh insights from one of the top experts in the field, this book is the first truly original book on precious metals in years.
| Author | : Nick Barisheff |
| Publisher | : John Wiley & Sons |
| Total Pages | : 277 |
| Release | : 2013-04-03 |
| Genre | : Business & Economics |
| ISBN | : 1118443713 |
Learn why gold prices are sure to soar to $10,000/oz. and beyond...and how to profit As paper currency continues to lose its purchasing power and global markets struggle in the face of economic turmoil, investors are turning to gold to stabilize their portfolios. $10,000 Gold explains why this is a smart move, arguing that the price of gold will continue climbing to $10,000/ounce and beyond in the years to come. Looking at the underlying causes of gold's rising value, the book contends that intelligent investors have no choice but to invest in this precious metal. Written by one of the world's leading authorities on gold, the book teaches readers to think independently about gold, money, and the geopolitics that affect its price. The security of gold offers peace of mind, making fears about the fluctuation of the stock market irrelevant, and $10,000 Gold shows why, just like usual, gold remains the single best asset for preserving wealth in any economy. Looking at the world through the eyes of gold—where wealth is measured in ounces, not dollars—the book is a candid insight into the current state of the economy and how to stay safe no matter what lies ahead. Explains why gold price will soar to over $10,000/ounce Teaches readers to reconsider the way they think about money, showing that wealth should be weighed in gold, not unbacked dollars Provides invaluable advice on protecting money by putting it into the safest asset class on earth No one knows what the next few years hold for the economy, but investing in gold allows for financial security in any market.
| Author | : Anastasios G. E. T. Al MALLIARIS |
| Publisher | : World Scientific |
| Total Pages | : 844 |
| Release | : 2015-08-06 |
| Genre | : Business & Economics |
| ISBN | : 9814566926 |
"The World Scientific Handbook of Futures Markets serves as a definitive source for comprehensive and accessible information in futures markets. The emphasis is on the unique characteristics of futures markets that make them worthy of a special volume. In our judgment, futures markets are currently undergoing remarkable changes as trading is shifting from open outcry to electronic and as the traditional functions of hedging and speculation are extended to include futures as an alternative investment vehicle in traditional portfolios. The unique feature of this volume is the selection of five classic papers that lay the foundations of the futures markets and the invitation to the leading academics who do work in the area to write critical surveys in a dozen important topics."--$cProvided by publisher.
| Author | : Julien Chevallier |
| Publisher | : John Wiley & Sons |
| Total Pages | : 373 |
| Release | : 2013-06-19 |
| Genre | : Business & Economics |
| ISBN | : 1119945402 |
As commodity markets have continued their expansion an extensive and complex financial industry has developed to service them. This industry includes hundreds of participating firms, including asset managers, brokers, consultants, verification agencies and a myriad of other institutions. Universities and other training institutions have responded to this rapid expansion of commodity markets as well as their substantial future growth potential by launching specialized courses on the subject. The Economics of Commodity Markets attempts to bridge the gap between academics and working professionals by way of a textbook that is both theoretically informative and practical. Based in part on the authors’ teaching experience of commodity finance at the University Paris Dauphine, the book covers all important commodity markets topics and includes coverage of recent topics such as financial applications and intuitive economic reasoning. The book is composed of three parts that cover: commodity market dynamics, commodities and the business cycle, and commodities and fundamental value. The key original approach to the subject matter lies in a shift away from the descriptive to the econometric analysis of commodity markets. Information on market trends of commodities is presented in the first part, with a strong emphasis on the quantitative treatment of that information in the remaining two parts of the book. Readers are provided with a clear and succinct exposition of up-to-date financial economic and econometric methods as these apply to commodity markets. In addition a number of useful empirical applications are introduced and discussed. This book is a self-contained offering, discussing all key methods and insights without descending into superfluous technicalities. All explanations are structured in an accessible manner, permitting any reader with a basic understanding of mathematics and finance to work their way through all parts of the book without having to resort to external sources.
| Author | : Dr. Santosh Dhar |
| Publisher | : Allied Publishers |
| Total Pages | : 296 |
| Release | : 2022-03-26 |
| Genre | : Business & Economics |
| ISBN | : 9390951119 |
Multidisciplinary approach in research is very much in vogue these days to address the problems of the society. It involves drawing appropriately from multiple disciplines to explore problems outside the normal boundaries and reach out to solutions addressed through different perspectives. Modern research looks through more multidisciplinary approaches and has dominance of problem solving and project oriented applied research. Multidisciplinary approaches while aiming at achieving a common goal attempts to develop answers to complex questions, which a single discipline is unable to handle. The growing research canon is to apply knowledge of various disciplines for the solution. Since current problems are of complex nature, there is a need to have knowledge of all the aspects such as economic, social, political and psychological. Multi-disciplinary approaches call for collaboration between two or more disciplines on a research project, while each discipline maintaining its assumptions, values, and methods. In other words, each discipline maintains its autonomy while collaborating. Today multidisciplinary approach is considered as the driver of innovation and research to solve real world problems. The book aims to address the current issues and problems and draw the solutions with the help of multidisciplinary approaches. Key Features · Highlights the aspects of experiential marketing in higher education institutions, social and emotional learning for children, customer relationship and purchase intention of customers on digital platform, theoretical contribution and evaluation of HRA, Normative susceptibility towards counterfeit branded products, workplace spirituality in enhancing employee well-being and artworks revolved around the religious deities and kings. · Describes innovative solutions towards excess runoff, continuous monitoring of train parameters, recovering the infected individuals and reduction of their number, compete for achieving the growth and respectable market share, security and privacy issues with the Smart Contract and improve the security of the blockchain technology. · Throws light on the techniques and their applications for Emperor Penguin Optimizer as a new power allocation approach, Latent finger-marks, QCA technology, better retrieval of invisible texts. · Focuses on gold has a strong hedge, economic impact of Mughals on Assamese society, Indian exports for improving productivity, loan repayment behaviours of the borrowers, positive attitude towards Swayam Courses. Academicians, researchers, practitioners, and students would be benefitted by reading this book.
| Author | : Jacques Lussier |
| Publisher | : John Wiley & Sons |
| Total Pages | : 390 |
| Release | : 2013-01-28 |
| Genre | : Business & Economics |
| ISBN | : 1118464796 |
A process-driven approach to investment management that lets you achieve the same high gains as the most successful portfolio managers, but at half the cost What do you pay for when you hire a portfolio manager? Is it his or her unique experience and expertise, a set of specialized analytical skills possessed by only a few? The truth, according to industry insider Jacques Lussier, is that, despite their often grandiose claims, most successful investment managers, themselves, can't properly explain their successes. In this book Lussier argues convincingly that most of the gains achieved by professional portfolio managers can be accounted for not by special knowledge or arcane analytical methodologies, but proper portfolio management processes whether they are aware of this or not. More importantly, Lussier lays out a formal process-oriented approach proven to consistently garner most of the excess gains generated by traditional analysis-intensive approaches, but at a fraction of the cost since it could be fully implemented internally. Profit from more than a half-century's theoretical and empirical literature, as well as the author's own experiences as a top investment strategist Learn an approach, combining several formal management processes, that simplifies portfolio management and makes its underlying qualities more transparent, while lowering costs significantly Discover proven methods for exploiting the inefficiencies of traditional benchmarks, as well as the behavioral biases of investors and corporate management, for consistently high returns Learn to use highly-efficient portfolio management and rebalancing methodologies and an approach to diversification that yields returns far greater than traditional investment programs
