Gold – Despite recent price drops, gold as a long term investment is still viable, says Scott Carter of Lear Capital.
Articles Tagged "United States"
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 – 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.
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 – Spot silver prices gained $0.11, hitting $22.49 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 – 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 – Gold prices fell today, putting the metal on track for its longest run of losses since March 2009.
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.
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.