Copper Investing News reports copper futures is on a positive momemtum at the beginning of the year. Copper started the New Year with a bang, but the positive movement was cut short as negative sentiment reigned supreme. Copper briefly moved up this week, on Tuesday, buoyed by investor short-covering and a steadier tone in the [...]
Articles Tagged "short covering"
Gold Investing News reports gold price have dipped to its lowest since September 2007. An adviser to President Mahmoud Ahmadinejad was quoted by Reuters as saying, “With the plans of the presidency…the country’s money reserves were changed into gold, so that we wouldn’t be faced with many problems in the future.” Before oil prices plunged [...]