Most Sold-Off Gold Stocks (GDX, GDXJ, GLD, AEM, KGC, BVN, GSS, JAG, XRA)
Commodities have sold off. You already knew that. What has been seen in the precious metals complex looks a lot like what happened in the oil boom of 2007 to 2008, and many of…
Commodities & Metals
All Commodities & Metals Articles
Newest first · Page 100Glencore IPO Set To Be Multiple-Times Oversubscribed
Glencore International AG has picked an interesting time to come public, and the IPO set for next week is already getting more interesting. While Reuters has reported that the firm is cutting off its…
Commodities Watch: Silver Goes Lower, Copper Higher; Wheat Continues Losses; Canada Sees Growth in Lumber Prices, Exports (SLV, GLD, JJC, MOO, DBA, WY, PCL, LPX)
Today’s commodities news is not quite a repeat of yesterday’s because oil is staying essentially flat and yesterday’s commodities sell-off is not being repeated. Wheat prices, however are continuing to fall, as are lumber…
Commodity ETFs Heading South, Again, Cheer (SLV, GLD, USO)
Silver and gold, and oil and other commodities, are heading south all over again this morning. Whether you want to blame reports of higher prices or a slowing of global growth is up to…
Shipping Faces Oversupply, Rising Fuel Costs (AMKBF, DRYS, GNK, DSX, EGLE, EXM)
Danish shipping giant A.P. Moeller-Maersk A/S (OTC: AMKBF) posted profit of $1.22 billion for the first quarter on revenue of about $15.2 billion, both significantly better than the same period a year ago. But…
Molycorp… When Bubble Stocks Disappoint on Earnings (MCP, REE, AVL, REMX)
Molycorp Inc. (NYSE: MCP) is about as frequently referred to a bubble-stock as you can imagine. So what happens when highly inflated stocks miss on earnings estimates? Investors sold shares hard today as they…
Commodities Watch: Margin Increases, Possible Flooding Hit Crude; Growers, Traders Watching the Weather; Platinum Forecast at $1,925 in 2011 (CME, SWC, PPLT, PGM)
Today’s commodities news starts with a rise in margin requirements on crude oil contracts, and then looks at weather effects on both crude oil refining and US grain prices. We conclude with a look…
Commodities Watch: Silver Miner Misses Targets; Food Producer Also Misses, Raises Prices; Copper Prices Recovering (CDE, SIL, SLV, TSN, SFD, FCX, JJC)
Today’s commodities watch looks at a silver miner’s and a food producer’s quarterly earnings. And a quick look at how copper is coming back today. Silver and gold miner Coeur d’Alene Mines Corp. (NYSE:…
Gold & Silver Finding Some Interest (SLV, GLD)
Last week’s monumental drop in silver and the overall drop in commodities last week has some Monday morning buyers trying to find a bottom as new margin requirements kick in. Comes Gold was up…
A Commodities Correction Is Just That
Crude collapsed from over $112 to under $100 in just a few days. The sell-off in silver was even more rapid and deeper. Agricultural commodities prices have fallen, in most cases, since the start…
Commodities Watch: Iron Ore Mining Wins, Uranium Mining Doesn’t; Corn Prices Continue Falling; Gold, Silver Headed in Opposite Directions (VALE, NHYDY, CCJ, ARVCF, RIO, CORN, GLD, SLV)
Vale SA (NYSE: VALE), one of the world’s leading producers of iron ore posted record profit in the first quarter of $6.8 billion. Even discounting a one-time gain on the sale of $1.5 billion…
No Relief In Global Food Prices
The Food and Agriculture Division of the United Nation reported that food prices remained mostly unchanged in April. That is hardly good news since February and March prices were, for many foods, at all-time…
Commodities Watch: Commodity Prices Falling Everywhere; Glencore IPO Fully Subscribed (SLV, GS)
Today’s commodity news focuses on the dramatic decline virtually across the board in commodity prices. There’s also news on the Glencore IPO and on a big corn buy from China. Led by a 6%…
The Devil’s Metal, Looking For A Silver Dead Cat Bounce Yet? (SLV, SIVR, PSLV, ZSL, SLW, PAAS)
The death of the silver trade is playing out even faster than the oil bubble popped in mid-2008. Silver is truly living up to its name “The Devil’s Metal.” The margin requirements have been…
Central Banks Buy Gold Ahead Of Sell-Off
The governments of Mexico, Thailand, and Russia bought $6 billion worth of gold in February and March, just in time to see a rapid sell-off in the precious metal. Gold reached a record $1,577.57…