Tin Investing News reports tin prices faces yet another challenge.
The main culprit: the current global recession. Last week, ITRI Ltd, an international tin grouping, came up with a disturbing report stating that demand would likely drop 10-15 per cent this year, on the back of excess supply based on its survey on tin consumers.
For complete [...]
Nickel Investing News reports nickel price spurs with G20 leaders’ support for the global economy.
LME base metals posted gains across the board, with nickel leading the way, up 12.7 per cent. The impetus was a direct reflection of sentiment, but lacked a change in underlying supply-demand fundamentals. The sentiment adjustment also induced a short-covering rally, [...]
Crude Investing News reports crude markets improves with merger of SunCorp and Petro-Canada announcement.
The merger comes at a time when oil prices are coming off recent lows and Petro-Canada was trading around the $30 mark, or half the 52 week high of $61.85. The combined company will have daily production of approximately 680,000 barrels and [...]
Bayswater Uranium Corporation reports Company’s projects and operating activities.
Since Bayswater entered the uranium exploration business in late 2005, the Company has grown rapidly. Growth has been achieved through three strategic mergers and aggressive land acquisitions that enabled the Company to assemble a portfolio of advanced and early-stage uranium properties that have been considerably advanced through successful major [...]
Silver Investing News reports silver has taken a plunge despite the central banks and governments trying to resolve the global financial crisis.
What can save silver from spiraling further or the inability to break through important supports? Substantially rising inflation, which many see as a very likely outcome of worldwide government and central banks rescue packages, will undoubtedly help silver [...]
Silver Investing News reports silver futures reflecting the financial markets top players, Lehman Brothers and Merrill Lynch filing for bankruptcy protection.
The commodity sector took a hard hit from Lehman’s departure. “Lehman is an important counterparty in the commodity markets,” said Caylon metals strategist Robin Bhar. The majority of commodities on the London and New York exchanges [...]
Endeavour Silver Corp. reports its Chairman and CEO, Bradford Cooke commented on the recent sell-off of equity and commodity markets.
“Endeavour’s fundamentals remain very strong,” stated Mr. Cooke, “And the sharp market sell-off of gold, silver and precious metal mining stocks in recent weeks appears to be somewhat excessive. Silver and silver shares in particular seem to have [...]
Seeking Alpha(Editorial, August 12th) reports most commodities’ price decline in the last five weeks brought some analysts to call for the end of the bull market in commodities.
Many analysts explain the recent sharp decline in the price of commodities by the strengthening of the dollar, because the price of commodities is denominated in dollars. Naturally, the dollar [...]
By Dave Brown – Exclusive to ResourceInvesting News
The major economic news flow on Friday was the reenergized dollar and its impact on the commodity markets.
Many observers still believe the continued outlook for the US economy for the second half of FY2008 will be even weaker than the first half. Households have been putting tax rebates into savings [...]
Tuesday, June 16, 2009
0 Comments