The big focus of today’s issue will be an entirely new market, biofuels. Most investors are aware that ethanol derived from corn is used as a fuel additive in the US. But the US is only the tip of the iceberg when it comes to biofuels–more than half of cars sold in Brazil last year, for example, were equipped to run solely on ethanol. And in Europe a diesel-like fuel derived from canola oil (rapeseed) is rapidly catching on in France and Germany. The EU has set a goal that 5.75 percent of its total transportation energy needs come from alternative fuels by 2012. However, for biofuels to come into general use, there are still supply and technical challenges to be overcome.
As we enter a new year, some of the previously hot commodities are cooling off and certain others are warming up. So which commodities (or currencies, or stocks) will be the hot tickets for 2006?
I haven’t seen such high volatility in the gold market since I was a neophyte in this business, way back in 1979. Unfortunately, I knew little back then; now–unfortunately–I probably have too much information.
As we enter a new year, some of the previously hot commodities are cooling off and others are warming up. Which commodities–or currencies, or stocks–will be the hot tickets for 2006?
Consider this: The Canadian dollar has been called the “commodity currency” due to the reliance of the Canadian economy on a variety of commodities.
