Articles Tagged "york mercantile exchange"

Commodities Beat Financial Assets Making Silver, Zinc Top Picks for 2011

Silver – Bloomberg reports that Silver will jump as much as 37 percent next year.

U.S. copper futures hold two-week peak after data

Copper – Reuters Africa reports that U.S. copper futures maintained momentum near a two-week peak above $3.90 per lb early Wednesday.

Oil Prices End Lower on Growing Global Uncertainty

Oil – Abcnews reports that Oil prices dropped for a third day on Tuesday with persistent worries about the global economy.

Oil continues to slide, natural gas rises 5.6 pct

Oil – Washingtonpost reports that Oil prices continued to slide on lingering concerns about economic stability in Europe.

U.S. copper trims losses after Fed easing statement

Copper – Reuters reports that U.S. copper futures trimmed losses as the dollar stumbled after the Federal Reserve said it would buy $600 billion of longer-term Treasuries by the end of the second quarter of 2011.

Dubai Downer To Stop Gold Charge

Dubai’s debt problems are weighing heavily on the global bourses, given that it has its fingers in so many pies. Many insist the scenario is very similar to when Lehman Brothers collapsed, and Dubai’s problems could well be the catalyst for the market to fall further. For gold, caught in the maelstrom and getting whipped [...]

Buyers To Buy If Prices Weaken

Crude Investing News reports on the long term correction of crude and equity markets. The long-expected correction in crude and equity markets (can anyone tell the difference between the two these days?) appears to have begun this week. The issue appears to be too much of a run-up too fast, as the pressure from a [...]