Oil Advances on Weak US Dollar
Oil – Reuters reported that crude oil futures settled at 42 cents higher Friday due to weaker US dollar and strong industrial output data in the United States.
Oil – Reuters reported that crude oil futures settled at 42 cents higher Friday due to weaker US dollar and strong industrial output data in the United States.
Silver – Gold gets the most attention, but silver is expected to be the better performer.
Copper – Reuters reported that the US Securities and Exchange Commission has approved a rule change that will allow BlackRock Inc. (NYSE:BLK) to list a copper-backed exchange-traded fund on NYSE Arca. This step forward means BlackRock's ETF may be launched before that of JPMorgan Chase & Co. (NYSE:JPM).
Copper – JPMorgan is preparing to launch its exchange-traded fund for physical copper after receiving regulatory approval in December. But detractors aren’t assuaged by the SEC’s view that the launch won’t lead to shortages, price increases and market manipulation.
Copper – Reuters reported that the U.S. Securities and Exchange Commission has delayed a decision about JPMorgan's plan to launch a copper-backed ETF fund for the second time.
Silver – Silver Investing News readers are intrigued to down right passionate when it comes to the topic of silver price manipulation. In a recent survey, we asked the question, “Do you believe the silver market is rigged?” to which an eye-popping 66 percent responded, “Yes!”
Iron – Rio Tinto is the second largest iron producer in the world. Last year the company’s net earnings for it iron division totaled over $10 billion. In this article we look at the company’s iron operations, exploration, and analyst predictions.
Gold – Commodity Online reports that Gold is down 6% and silver 12% since the start of 2011.
Silver – The National Inflation Association reports that JP Morgan has now admitted to having manipulated silver price and is taking steps to reduce it.
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