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Coking coal: The new gold?

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Rupert Hargreaves
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Coking coal: The new gold?

Which asset has been the most profitable to own this year? High-quality sovereign bonds and gold have both seen some of the strongest price gains year-to-date, but there is another commodity which has seen its price more than double this year.

The price of coking coal has risen by 105% this year outperforming every other commodity by some distance. Over the past month alone the price of coking coal has increased by 47%. According to analysts at Macquarie, the current conditions in the physical coal market are...

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HFA Padded
Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

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