While many fund managers are buying up gold investments, helping fuel a widely watched run-up in the value of the precious metal, others have flown the coop. Why is that? What do they know? Is there a storm brewing?
We are talking about hedge fund managers here, many of whom appear to be selling to exit [...]
Gold Investing News reports gold had a great run last week.
The US currency showcased the biggest decline in a month against euro last week as US data showed that the world’s largest economy contracted lesser than forecasts, which hinted that the recession is fading and gave rise to investor demand in riskier counters such as [...]
Tin Investing News reports tin markets are pretty tight.
The worry is that market participants who are caught short of the metal at certain dates during this period could be forced to pay very high prices to cover themselves. Looming tightness in the tin market is reflected in a backwardation — where nearer dates command higher [...]
Zinc Investing News reports zinc price is spurred with the Fed’s recent announcement on purchasing treasuries.
The fed’s announcement was negative for the greenback, sending the US dollar Index on track for its worst week since September 1985. The dollar fell an additional 0.4 per cent, and has dropped every day since March 9, sliding a cumulative [...]
Zinc Investing News reports zinc prices are up despite RAB, an major investment hedge-fund firm, alters its fee structure for its investors.
Although zinc and lead spot prices are currently stable, these business developments bode ill for commodities investments this month. At present, zinc prices are up 0.06 per cent (NYSE), with a spot price of 0.7955.
For [...]
Tuesday, January 12, 2010
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