Macro Monday 57 - Venezuela Update I'll have more charts for you over the coming week but feel this is an important event that could help shape South America's economic trajectory over the coming 5 - 10 years Last week I shared the country that has the largest oil reserves in the world, Venezuela. I noted that Venezuela stands at a critical juncture, with...
Macro Monday 54 Chile and Peru The Largest Copper Producers in the world A staggering 36% of the global supply of copper originates from Chile and Peru. With AI, semiconductors and big tech leading the furore in markets, isn’t it any wonder that both countries are demonstrating incredible growth. Being the largest producers of copper in the world during one of...
The sideways line SMT has been forming looks like accumulation to me . This is an actual mining producer in Peru . Gold, Silver, Lead, Zinc and Copper and recently turned a profit . Extra cheap entry here . Bottom fishing here with a small bet . Targets are on the chart .
Buenaventura S.A.A., a precious metals company, is engaged in the exploration, mining, concentration, smelting and marketing of polymetallic minerals and metals in Peru, the United States, Europe and Asia. It explores for gold, silver, lead, zinc and copper.
Se aprovecharían cortos hacia picos, debido a reposiciones de USD, por esta semana. Resistencia en 4.10 a 4.11
Kinross Gold es un productor senior de oro con sede en Canadá, que produce aproximadamente 2,5 millones de onzas equivalentes de oro en 2019. La compañía tenía 24,3 millones de onzas de reservas de oro probadas y probables y 55,7 millones de onzas de reservas de plata a finales de 2019. Opera minas y centra su exploración de campos verdes y brownfield en las...
Walgreens Boots Alliance opera cerca de 19,000 ubicaciones en 50 estados y 25 países. El posicionamiento defensivo central es principalmente alrededor de la farmacia que se ubica en lugares de alto tráfico. Actualmente, la empresa tiene la mayor cuota de mercado de farmacias minoristas (alrededor del 20%, sin incluir el correo), lo que proporciona importantes...
YTD things aren't going well for Argentina, but all South American countries are seeing downward pressure.
South America is on a roll, very bullish. custom index: ARGT EWZ EWW GXG ICOL ECH EPU
Looks like a very low risk buy opportunity, as part of an investment in emerging markets. The Peru ETF, EPU has a nice technical chart, and would be a fine addition to an emerging markets portfolio. It's also a dollar short, due to the heavy weight of commodities in Peru's GDP. Good luck, Ivan Labrie.