---
title: "Heavy Reading"
url: https://independentstockanalysis.com/heavy-reading/
description: "Don Coxe’s final Basic Points . Everyone should read this; I recommend printing it… With usual wit, Jim Grant survey’s the monetary environment and takes…"
published: 2013-01-04
updated: 2013-01-04
---

# Heavy Reading

Published 2013-01-04

Posted on

by

J.J. Butler

Don Coxe’s final [Basic Points](http://www.scribd.com/doc/118400570/DC-Basic-Points-Dec-2012). Everyone should read this; I recommend printing it…

With usual wit, Jim Grant survey’s the monetary environment and takes a good look at Google and General Motors too. [Grant’s Pub](http://www.grantspub.com/UserFiles/File/Giro30_WINTER12.pdf)

For the more serious economic student: WEALTH EFFECTS REVISITED 1978-2009 at [Yale](http://cowles.econ.yale.edu/P/cd/d17b/d1784.pdf).

David Kelly commentary laden with long term charts at [JP Morgan](https://www.jpmorganfunds.com/cm/Satellite?UserFriendlyURL=diguidetomarkets&pagename=jpmfVanityWrapper). (Not the most user friendly presentation.)

Bill Gross’ monthly *Investment* *Outlook* Money for Nothin’ Writing Checks for Free at [Pimco](http://www.pimco.com/EN/Insights/Pages/Money-for-Nothin-Writing-Checks-for-Free.aspx).

“Another week, another missed target for natural gas storage.” [Haynesville Play](http://www.haynesvilleplay.com/2012/12/eia-storage-72-bcf-to-3652-tcf.html)

“The weekly chart for the coal sector is most intriguing with its strong push this week out of the diamond bottom formation. The pattern spanned over six months and I would expect a huge measured move higher if confirmed.” ([Chess](http://ibankcoin.com/chessnwine/2013/01/03/pressure-breaks-the-weak-or-forms-the-diamond/)) Additionally, note the reference is to KOL, an ETF which is largely made of foreign and Asian coal companies (with little US exposure). It’s a derivative of China. Chinese Coal Miner Up Big As ‘Cliff’ Averted by [Emerging Money](http://seekingalpha.com/article/1091601-chinese-coal-miner-up-big-as-cliff-averted?source=email_macro_view&ifp=0).

Copper Soars on Demand Outlook at the [WSJ](http://online.wsj.com/article/SB10001424127887324374004578218001750143568.html?mod=googlenews_wsj).

Iron ore: Rio’s Walsh rains on everybody’s parade at [Mining](http://www.mining.com/iron-ore-rios-walsh-rains-on-everybodys-parade-46106/?utm_source=digest-en-mining-130102&utm_medium=email&utm_campaign=digest).