Commodities & Metals

US Steel Gets Burned by Updated Guidance

Posted: September 19, 2019 at 10:30 am

United States Steel Corp. (NYSE: X) shares dropped sharply on Thursday after the firm cut the guidance for its third quarter. Looking at the chart, it’s not surprising that this ...
Read Full Story »

Metals Stocks Still at Bargain Bin Levels During Rotation From Growth to Value

Posted: September 12, 2019 at 1:00 pm

The rotation from high growth-stocks into value stocks has been a key theme of September. It also means that shares of the companies that had lagged the broader bull market ...
Read Full Story »

US Coal Exports to Drop by 10 Million Tons This Year, Over 8 Million More in 2020

Posted: September 5, 2019 at 1:05 pm

Exports of U.S. thermal coal used primarily to generate electricity is forecast to drop by 10 million metric tons (mt) in 2019 to just 44 million mt. In 2020, thermal ...
Read Full Story »

Why Gold Is Exploding and Actually Could Rally to $2000 or Higher

Posted: August 26, 2019 at 7:00 am

There are always the proverbial gold bug investors who tout the precious metal constantly and always stay very overweight regardless of demand and the macro picture. The bottom line is ...
Read Full Story »

More Market Calls Returning for $2,000 Gold Ahead

Posted: August 17, 2019 at 10:05 am

The market fundamentals and technicals both seem to be aligned with gold in mid-2019. The shiny yellow metal is up about 17% so far in 2019, with those gains really ...
Read Full Story »

Deutsche Bank Raises Gold Price Targets: 3 Top Stocks to Buy Now

Posted: August 16, 2019 at 6:15 am

Long-time market investors have always tended to chuckle at the “gold-bugs” as they tend to stay positive on the precious metals all the time. Not many are laughing now, as ...
Read Full Story »

After Big Gains Already, One Analyst Sees Barrick Gold Rising Much Higher

Posted: August 13, 2019 at 11:20 am

Gold and the gold-mining segment have been on fire in the wake of plummeting interest rates and more economic uncertainty around the U.S.-China trade war. One analyst sees Barrick Gold ...
Read Full Story »

Steel Demand and Prices Expected to Jump for Rest of 2019: 5 Top Stocks to Buy

Posted: August 13, 2019 at 6:45 am

Despite the doom and gloom about the trade war between the United States and China, discussion of a big-time infrastructure package for the country is making the rounds in Washington, ...
Read Full Story »

Another Big Blow for the Future of Coal

Posted: August 6, 2019 at 1:35 pm

Apparently, coal is unpopular regardless of what presidential policies are in place. After coal was gutted in the Obama years, the Trump years may have been less critical but the ...
Read Full Story »

Why Gold Stocks Are Breaking Out to 6-Year Highs on Big Volume

Posted: August 6, 2019 at 7:00 am

The litany of negatives keeps on coming. With the Chinese devaluing their currency, we could be in for a battle that could be rough for President Trump. The Chinese renminbi ...
Read Full Story »

More Proof That Geopolitical Uncertainty Is Good for Gold

Posted: August 5, 2019 at 1:10 pm

People buy gold for many reasons. While hedging against inflation or the value of a single currency can be powerful influences on gold demand, it seems that geopolitical uncertainty can ...
Read Full Story »

These Are the Countries That Control the World’s Gold

Posted: August 1, 2019 at 9:29 am

The World Gold Council issues a quarterly report on gold trends. In the second quarter, the report shows that a small number of nations control the gold held by central ...
Read Full Story »

Coal’s Demise Gets Messier and Speedier

Posted: July 8, 2019 at 1:05 pm

That coal is losing its place as a fuel for electricity production in the United States, the Trump administration and the country's leading producers are trying to shore up coal's ...
Read Full Story »

Will Vale Face Manslaughter Charges After Brazilian Dam Disaster?

Posted: July 2, 2019 at 4:03 pm

Vale S.A. (NYSE: VALE) shares were down handily on Tuesday after a Brazilian Senate committee announced that it recommends indicting Vale in a deadly dam collapse that occurred in late ...
Read Full Story »

Gold Is Breaking Out To 5-Year Highs and Could Be Going Much Higher

Posted: June 21, 2019 at 7:02 am

Almost quietly gold and the gold miners have consistently pushed higher, and despite the fact that naysayers constantly bemoan the fact that the precious metal offers no earnings potential, it ...
Read Full Story »