How to Play Gold: Q&A with Scott Carter of Lear Capital
Gold – Despite recent price drops, gold as a long term investment is still viable, says Scott Carter of Lear Capital.
Articles Tagged "United States"
New Iron Ore Pellet Plant Gets $375M Financing
Iron – AK Steel (NYSE:AKS) said on May 20th that Magnetation LLC ("Magnetation"), its joint venture with Magnetation, Inc., has successfully completed a $325 million senior secured note offering and has entered into a $50 million senior secured credit facility.
Iron Ore from Minnesota to Supply North Dakota Plant
Iron – A North Dakota company plans to build a $60 million iron-producing plant near Jamestown using iron ore concentrate from Minnesota, Duluth News Tribune reported.
European Coal Price Slump May Have Reached an End
Coal – Bloomberg reported that the slump in European coal prices — the longest in at least eight years — looks set to end on the back of falling imports from the United States and production cuts in Russia and Poland.
Silver Rises to $22.49 per Ounce
Silver – Spot silver prices gained $0.11, hitting $22.49 an ounce.
Gold Prices Rise to $1,397.51 an Ounce
Gold – Gold prices rose May 22 due to a falling US dollar and US Federal Reserve officials diminishing investors' fears that it would reduce its bond-buying program, Reuters reported.
Gold Falls to $1,374.95 an Ounce
Gold – Gold continued its decline May 21 as the U.S. dollar strengthened and speculation that the U.S. Federal Reserve may reduce its stimulus program rises.
Gold Falls More Than $28 in New York
Gold – Gold prices fell today, putting the metal on track for its longest run of losses since March 2009.
Will China’s “Control Coal” Policy Impact the US?
Coal – China's "control coal" policy may not bode well for the United States, which plans to ship the fossil fuel to Asia via West Coast terminals.
US Palladium Bar Price Up 4.6 Percent This Week
Palladium – MetalMiner reported that the US palladium bar price increased by 4.6 percent this week, the third week in a row that the price of the metal has risen.
