Gold Investing News reports gold prices fell slightly with the huge US stimulus package.
Gold fell for a third straight day after US policy makers reassured investors that the economy would recover from the recession. “People have been buying gold on economic Armageddon, so to see Obama and Bernanke paint a rosier picture, I’m not surprised [...]
Nickel Investing News reports nickel prices have fallen almost 80% since May 2007.
Nickel prices will most likely be flat, at best, in 2009, according to Robin Bhar, metals analyst for Calyon Credit Agricole CIB, London. However, nickel premiums are difficult to gauge in a market characterized by a lack of demand, rising stocks and sinking [...]
Gold Investing News reports further drops in oil and job cuts have led to lower gold prices in the recent week.
New York gold futures fell sharply to close just above $750 an ounce, ending the week more than 8 per cent lower as the bleak US jobs report triggered wholesale liquidation of assets across the [...]
By Dave Brown – Exclusive to ResourceInvestingNews.com
In what seems to be a regularly scheduled weekend meeting for European leaders, the most recent summit has resulted in agreements to guarantee bank borrowing and use government money to prevent big lenders from filing for bankruptcy, in order to further impede the economic hemorrhaging and battle a global [...]
Heavy Oil Investing News reports the return on heavy oil projects will be much less than expected due to the price of oil is rallying around $100 per barrel mark.
As joblessness increases in the United States, further demand destruction is likely. Finally, the difficulty of obtaining credit makes it exceptionally difficult for small players to [...]
Thursday, February 26, 2009
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