Oil Drifts Lower for Second Day in a Row
Oil – Bloomberg reported that oil saw a second day of declines as the dollar's strength against the euro increased and weaker earnings reports brought equities down.
Articles Tagged "equities"
Buy Platinum, Palladium ETFs, Not Gold
Palladium – Barron's reported palladium and platinum ETF are a good buy at the moment on supply worries.
Equities, Commodities Slump on Euro Debt
Palladium – Bloomberg reported precious metals dropped drastically today after Fitch Rating said U.S. banks face a “serious risk” from Europe’s debt woes.
Precious Metals Drop as Dollar Rebounds, Equities, Commodities Slump on Debt Woes
Palladium – Bloomberg reported precious metals fell again as the dollar’s rebound eroded demand for the metals as an alternative investment.
Gold Hits Record High But Equities Lag
Gold – The Globe Investor Market Blog reports on rising gold prices in view of Middle East turmoil.
Gold: Risky Play or Safe or Bet?
The factors limiting gold have a lot to do with fear of another financial crisis bringing us back into the doldrums of 2008. And isn’t gold supposed to be a safe haven investors turn to in unstable times like these? A number of factors, real or imagined, combined to move the gold price down to [...]
Silver Miners Making News
A few of silver’s big name miners are making news. Many analysts expect strong industrial demand for silver over the medium- to long-term to provide price support going forward. Strong investment demand can also be seen in record combined ETF silver holdings, which reached 472.7 million ounces Friday, up 0.2 per cent from [...]
Resource Market Weekly Recap
By Melissa Pistilli-Exclusive to Resource Investing News Coal Investing News Arch Coal [NYSE: ACI] may be interested in picking up the Otter Creek Valley coal mine for sale by the Montana land board, if the price were right. For now, Arch’s subsidiary, Ark Land Co has said the bid for 25 cents per tonne, with [...]
Resource Market Weekly Recap
By Melissa Pistilli-Exclusive to Resource Investing News Copper Investing News Copper prices rebounded form an 11-week low early this week on strong US manufacturing data and a weak dollar. Barclays Capital reports Chinese copper imports have maxed out after increasing in 2008 on government stimulus spending. Analysts predict 2010 imports will fall by 1 million [...]
Resource Market Weekly Recap
By Melissa Pistilli-Exclusive to Resource Investing News Copper Investing News The economic woes of the world’s top two copper consumers have placed downward pressure on benchmark copper prices. Copper on the LME fell to a one-month low of $7.194 Friday. China’s decision to lift the yield on central bank bills and put the breaks on [...]
