Dubai’s debt problems are weighing heavily on the global bourses, given that it has its fingers in so many pies. Many insist the scenario is very similar to when Lehman Brothers collapsed, and Dubai’s problems could well be the catalyst for the market to fall further. For gold, caught in the maelstrom and getting whipped [...]
Uranium Investing News & U308.biz report for the first time the price of uranium advances to 2.5% according to TradeTech.
While events such as demand out of Asia or supply problems like those announced by Energy Resources of Australia [ASX: ERA], whose output dropped 9 per cent in the first-quarter, may be helping to advance the spot [...]
Gold Investing News reports gold prices took a slight dip and partly due to US budget.
Feeling risky? Buy gold. It’s all about the risk factor these days, as investors square their positions following a massive rally on the stock market.
For complete story, click this link. Follow developments in resource mining and exploration for free. Sign [...]
Gold Investing News reports gold prices have fallen with the stock markets rallying.
Gold fell for the second day in Asia, extending a monthly drop that may become the worst in more than 25 years. The reasons being cited – a stronger dollar and decline in crude oil.
For complete story, click this link. Follow developments in [...]
Copper Investing News reports copper rallies to a week’s high despite market turmoil and the uncertainty in US dollar.
Further positive sentiment was extended as stocks fell in Asian warehouses, suggesting a pick-up of demand in China. Extra impetus to copper came as oil rose above US$106 a barrel on Monday.
For complete story, click this link. Follow developments [...]
Palladium Investing News reports the recent stock market events have impacted the commodities markets and precious metals such as palladium.
The current stock market crash is regarded as devastating, bringing forth comparisons with the Great Depression. Famed economist Alan Greenspan has this to say about the bursting of the housing bubble and its effect on the world economy. [...]
Zinc Investing News reports global commodities markets as US faces worst stock market crash affecting zinc spot price.
The impact of these grave developments will be felt across the board, and zinc metal and lead metal spot prices are already dropping as a result. Throughout this year, zinc has been oversold, showing a strong position only in China, where [...]
Lead Investing News reports the lastest of the stock market crash since the Great Depression.
The American housing market crisis has left many firms unprotected and over-leveraged: the bankruptcy of global investment bank Lehman Brothers has created a sharp market downturn as investors fear more decreases in their stock values in the coming days.
For complete story, [...]
Nickel Investing News reports with the financial turmoil after Lehman Brothers filed for bankruptcy, nickel prices tumbled more than 5%.
The decline in the U.S. dollar failed to compensate for the Lehman instigated sell-off furry. Analysts, however, are urging investors to sit tight as they expect the end of week prices to reflect the dollar’s decline.
For complete story, [...]
Monday, November 30, 2009
0 Comments