Silver & PGMs Poised for Another Strong Year
Silver – Oilngold.com reports that Silver's rally outperformed gold's +30% gain in 2010.
Silver – Oilngold.com reports that Silver's rally outperformed gold's +30% gain in 2010.
Silver – Kitco reports that Silver hit its highest level in 30 years Monday.
Gold – Businessweek reports that Gold may decline in New York after China raised bank reserve ratios again, curbing demand for bullion.
The commodities market appears to be moving towards fundamentals. Companies are off to a good start in profits. There is good momentum. But analysts warn recovery is on a slow and bumpy road. The labor force increased by 11,000, which means that more Americans have resumed looking for employment. Moreover, in December too, consumer [...]
Crude Investing News reports crude prices have jumped 34% this year. Oil rose for a second day on Wednesday, after an industry group reported U.S. crude stockpiles dropped for the second week in a row and the dollar declined. For complete story, click this link. Follow developments in resource mining and exploration for free. Sign [...]
Crude Investing News reports crude oil did well for about 4 days and fell on Tuesday. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year. After nose-diving from [...]
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 [...]
Uranium Investing News and U308.biz reports uranium market price has increased last week despite the global economic slowdown. But the bull continues to run wild in the sector thanks to undeniably strong spot uranium. And now that optimism is finally affecting uranium stock prices. The National Post newspaper likes two Canadian uranium big boys this week, [...]
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