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 royalties, was too [...]
Crude Investing News reports oil prices sliding and peaking at various periods.
Oil prices soared higher on the prospects of a rebound in energy demand. “The market thinks the worse is behind us and that we’re heading toward recovery at the end of the year, early next year,” Fitzpatrick said. Spreading worldwide recession has ravaged energy [...]
Gold Investing News reports gold seen as a safe haven commodity and currency.
The writing is clear on the wall, according to some experts. Author of Gloom, Boom & Doom report Marc Faber has said the rally in the US markets is likely to continue till April-end, but was quick to add that a total collapse [...]
Gold Investing News reports gold price recovers as the dollar rose.
Spot gold rose to $913.15/$914.15 an ounce from $906.65 late in New York on Wednesday.
Canadian stocks gained too, building on their biggest rally since November, as mining companies rose with gold prices and financial stocks rallied for a second day on speculation that the worst [...]
Gold Investing News reports gold prices in Asia and London remained steady with the markets.
On February 20, the price of gold rose above the $1,000 mark, a level it last reached in March 2008. And though prices have swelled 40 per cent since a $712 low last November, now isn’t the time to sell, according [...]
Gold Investing News reports the advantages of holding gold.
According to World Gold Council’s ‘Gold Demand Trends’, identifiable gold demand in tonnage terms rose 4 per cent on previous year levels to 3,569 tonnes. As shares on stock markets around the world lost an estimated $14 trillion in value, identifiable investment demand for gold, which incorporates [...]
Nickel Investing News reports nickel did not perform well in 2008, making it the worst performing commodity.
Despite weak fundamentals, nickel has kicked off 2009 with a rapid upswing in value. In just 3 days, nickel gained approximately 40 per cent on a buying spree that followed the annual reweighting of the commodity indexes. Analysts were cautious, [...]
Gas Investing News reports gas markets have been relatively stable though other commodities and market indices have been pretty volatile.
Though this stability is preventing gas investors from riding the same emotional rollercoaster that most other investors have boarded, it has had a deleterious impact on the overall market.
The U.S. Department of Energy has noted that inventories are [...]
Gas Investing News reports natural gas futures is within a range of $7.25-$7.50 which is good news for investors since winter is approaching.
Structural factors suggest that natural gas will become dearer in winter, especially if the current low prices have a significant effect on high-cost or marginal production. This seems to be the rationale for the rise in the [...]
Gas Investing News reports prices of natural gas had a mild rebound after a bashing with the stall in the US bail-out plan in the past few days.
Through this lens, it is apparent that Tuesday and Wednesday’s rebounds are the product of the “dead cat bounce”. This rather morbid but splendidly explanatory term indicates that a rapid drop [...]
Thursday, February 11, 2010
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