This book offers practical knowledge, analysis, trading techniques and methodologies required for the management of key international commodities. The author explores each aspect of commodity trading in detail and helps the reader to implement effective techniques to build a strong portfolio. Early chapters set the current scene of commodity trading markets before going on to discuss the fundamental instruments and tools used in navigating commodity markets. The author provides detailed, empirical case studies of traded natural resources in order to explicate the financial instruments that enable professionals both to invest and to trade them successfully. Later chapters investigate the psychology and behavioural influences behind optimal market trading, in which the author encourages the reader to understand and combat the obstacles that prevent them from reaching their full trading potential.

The next bull market is here. It's not in stocks. It's not in bonds. It's in commodities - and some smart investors will be riding that bull to record returns in the next decade. Before Jim Rogers hit the road to write his best-selling books Investment Biker and Adventure Capitalist, he was one of the world's most successful investors. He co-founded the Quantum Fund and made so much money that he never needed to work again. Yet despite his success, Rogers has never written a book of practical investment advice - until now. In Hot Commodities, Rogers offers the low-down on the most lucrative markets for today and tomorrow. In late 1998, gliding under the radar, a bull market in commodities began. Rogers thinks it's going to continue for at least fifteen years - and he's put his money where his mouth is: In 1998, he started his own commodities index fund. It's up 165% since then, with more than $200 million invested, and it's the single-best performing index fund in the world in any asset class. Less risky than stocks and less sluggish than bonds, commodities are where the money is - and will be in the years ahead. Rogers's strategies are simple and straightforward. You can start small - a few thousand dollars will suffice. It's all about putting your money into stuff you understand, the basic materials of everyday life, like copper, sugar, cotton, corn, or crude oil. Once you recognize the cyclical and historical trading patterns outlined here, you'll be on your way. In language that is both colourful and accessible, Rogers explains why the world of commodity investing can be one of the simplest of all - and how commodities are the bases by which investors can value companies, markets, and whole economies. To be a truly great investor is to know something about commodities. For small investors and high rollers alike, Hot Commodities is as good as gold ...or lead, or aluminium, which are some of the commodities Rogers says could be as rewarding for investors.

An interdisciplinary and global approach to the different roles and impact of gold on society and the global economy from the late 19th century to the modern day.
This book provides a historical analysis that integrates the different roles of gold--monetary, commodity, banking, industrial and cultural--with the multiple actors- central banks, mining groups, refineries, bullion houses and major banks - to provide an understanding of their particular interests and reciprocal influence on the global gold market from the late 19th century to the present day. Adopting an inter-disciplinary and global approach, it establishes an innovative and rich dialogue between different branches of the social sciences, including microeconomics, business history, sociology, political and economic history.
Coverage of the book will include a comprehensive overview of the many facets of the global gold market's organization, from the extraction of this precious metal to its consumption. Special attention is given to some of the major international gold markets, such as London, Hong Kong, and Zurich, and to the national and global regulations regarding the gold trade. The book studies both the legal and illegal circuits of gold, as well as their interrelation. Together, the contributions show the complex networks and actors involved in different phases of this commodity chain, from the main gold producers, such as South Africa; to the major European financial markets; and then to the traditional Arab and Asiatic hoarding centres.
This collection of essays, most of which utilise new archival resources, will be of great interest to students and researchers examining the role of this key element in monetary, financial, political and social history.

The landscape of commodity markets has drastically changed in recent years. Once a market of refineries and mines, it has become the market of investment funds and commodity trading advisors. Given this transformation, are commodity investments still as beneficial as 20 or 30 years ago? This book is an attempt to answer these questions.

Since the 2008 financial crisis, researchers and policy makers have been looking to empirical data to distil both what happened and how a similar event can be avoided in the future. In Lit and Dark Liquidity with Lost Time Data, Vuorenmaa analyses liquidity to better understand the crux of the financial crisis. By relating liquidity to jump activity, market microstructure noise variance, and average pairwise correlation, Vuorenmaa uncovers the dynamics and ramifications behind anonymous trades made outside of public exchanges, and measures its impact on the crisis. This volume is ideal for academics, students, and practitioners alike, who are interested in investigating the role of lost time in and after the recession.

From aluminium and platinum to zinc and gold, oil and gas to cocoa and wheat, our lives are full of products derived or made from commodities - the world's natural resources. We often take them for granted - but at our peril, given the pivotal role these resources play in what we consume and produce. Price volatility, changing patterns of global demand and geopolitical instability regularly expose how unpredictable availability of and trade in commodities can be. This revised edition offers a concise and indispensable guide to commodities, including the latest trends in consumption, production, trade, markets and prices, as well as invaluable insights into future developments. Whether as raw materials or financial assets to be traded, commodities matter. This book shows us why.

Following the liberalization of global energy markets, the world has witnessed a substantial growth in energy commodity trading. Moreover, prices and volatilities have significantly increased, partly due to geopolitical crises, but mostly resulting from increased participation of financial investors. Such newfound interest in energy markets has spawned greater demand for state-of-the-art models and methods necessary to understand the challenges related to trading and risk management. Energy Pricing Models showcases original cutting-edge research to best illustrate the latest advances and future implications of trading in energy markets. Prokopczuk assembles an all-star team of leading academics and practitioners in order to provide a well-balanced analysis of the topic. This work is required reading for market practitioners wishing to gain greater insight into the field, as well as academics and researchers interested in learning more about the latest developments from an applied perspective.