|
Tzemach Richter has over 30 years combined experience as an International Investment Portfolio Manager, Fundamental Investment Analyst, Technical Analyst, Share Trader and Derivatives Strategist.
Tzemach developed a unique knowledge of the International Metals and Minerals markets from his experience gained while employed in the South African Investment Sector for more than 15 years. This knowledge is now very valuable due to the sudden resurgence in commodity prices and is reflected in the performance of the portfolios Tzemach manages.
Tzemach applied this knowledge while working within the Israeli banking Industry for more than 5 years before moving on to handle Investment Portfolios for Private Individuals.
In May, 2010, Tzemach pointed out that there was an increasing demand for commodity related investments of all types. At the same time, he observed that the general stock market recovery appeared to be having trouble making any further progress. His observation was validated throughout the month of May and the saying “Sell in May and Go Away” turned out to be quite accurate for the majority of worldwide stock market indices. In fact, the Dow Jones Industrial Average fell nearly 8% which was its largest monthly decline since early 2009, and marked its worse May percentage performance since 1962.
The very accommodating policy that has been adopted by the US Federal Reserve seems to have acted as a catalyst to keep share prices at relatively high levels. This takes into account the high US unemployment rate and the reluctance of major companies to hire new workers for fear the economy will slip back into recession. But with record low interest rates and companies sitting on huge cash piles, many share prices are being supported by above average dividend yields compared to bond yields.
While international markets have been having a nice rally during the past few decades, they have suffered two significant declines since 2000. During the same period, gold has avoided these sharp market drops and its price has steadily marched higher. It appears that the gold price has more upside potential in the the months and years to come, and it is important to be able to spot opportunities when they occur and know when to take advantage of these opportunities.
Tzemach is totally aware that markets have become driven by news events that can cause share prices to gyrate wildly. So while you can correctly analyze undervalued opportunities based on fundamental analysis, it becomes increasingly difficult to pick the bottom of the market in this environment. Technical analysis helps, but does not guarantee success as the news can suddenly change investor sentiment in either direction. So the combination of discovering an undervalued investment based on fundamental analysis as well as timing purchases based on technical analysis is a winning combination and is primarily responsible for picking investments that outperform the market.
Tzemach has extensive experience investing in the metals and minerals sector which has been driven by many factors over the years. There is an advantage of investing in this sector as the actual metal price can be used as a very good barometer for discovering investment opportunities. While this is always not an absolute guide to the direction the share prices will take of those companies which produce the actual metal or mineral, Tzemach has found that it provides a very good indication for share price direction.
Please indicate if you would like to receive further information by providing your contact details.
|