Call it investing through the looking glass or sympathetic fallacy, the temperature and mood at PDAC 2010 could not have been more different than last year’s convention. An increase in the number of attendants, the weather outside and the mood of the market combined to create a great sense of optimism among this year’s participants.
Iron Investing News reports iron-ore pricing issue is going nowhere with China.
China, by far the biggest user of imported iron ore, has tried for months to leverage its size and growing influence to muscle miners Rio Tinto (RTP), BHP Billiton Ltd (BHP) and Brazil’s Vale SA (VALE) into lowering their prices for iron ore, used [...]
Gold Investing News reports gold prices doing well with the weaker dollar.
Its a gold rush the likes of which the country has not seen in a long time. Dozens of mining companies have recently staked thousands of fresh claims in an area that once teemed with old-time panners and prospectors moiling for gold after digging [...]
Uranium Investing News & U308.biz report the recent uranium spot price change by TradeTech and Ux Consulting.
The World Nuclear Association anticipates uranium demand to rise from the current 65,000 tonnes a year to 74,000 tonnes by 2015.
“With the nuclear drive worldwide, demand is expected to spike,” said Deutsche Securities Inc. analyst, Tomohiro Jikihara. “Securing the [...]
Silver Investing News reports silver prices seen as a positive upward trend by analysts.
The once grim outlook is growing increasingly darker, “triggering a rout in equity sentiment and renewed safe-haven demand into precious metals,” said James Moore at thebulliondesk.com.
Jerome Bunde, a stockbroker with Pennaluna and Co, points to decreasing trust in the value of the [...]
Gold Investing News report gold prices settle at a $920 mark after surpassing a $1,000 last month.
The current price of gold, which was selling for $250 an ounce in 2001, is just too rich for some advisers, but there are others who insist an allocation to gold remains paramount in these uncertain economic times.
“With the [...]
The Chicago Resource Expo will be held on April 24th and 25th in Rolling Meadows, Illinois. It is the oldest conference of its type in North America, and provides a unique, intimate venue of exhibitors, attendees, as well as keynote speakers.
This semi annual event, started by Richard Radez back in 1977, offers investors the opportunity [...]
Gold Investing News reports gold is looking brighter despite the global economic crisis and bail-out.
On the stock markets, gold climbed overnight and ended $12 higher. Gold was as much as 2 per cent higher on Thursday after the European Central Bank left interest rates on hold and the Bank of England cut its key rate, [...]
Diamond Investing News reports diamond markets did well up to September last year and then went into a drop.
The diamond industry has been swift to announce production cutbacks, in an effort to stabilize prices. Even two of the world’s most profitable mines are onboard. Canadian based Ekati and Diavik mines are among the most profitable [...]
Silver Investing News reports silver price is holding on this year.
The silver price is holding well above its $10.50 support level, but facing strong resistance at $11.60. According to The Oil N’Gold Team, the outlook for silver “remains mixed with conflicting indicators.” If silver falls back below $10.10 it will signal that a rebound from [...]
Thursday, March 11, 2010
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