Gold Looking At Fourth Day in the Red (GLD, IAU, GDX, KGC)
2011 is not looking at all like 2010 when it comes to the initial trading for gold prices. This morning we see that Gold is trading lower yet again in London and the gold…
2011 is not looking at all like 2010 when it comes to the initial trading for gold prices. This morning we see that Gold is trading lower yet again in London and the gold…
The Mosaic Co. (NYSE: MOS) just set the tone for a positive reception for the potash and fertilizer market stocks. The company was the first real earnings report after the start of 2011. Mosaic’s…
Gold was the darling trade for commodity investors and those seeking safe harbors as central banks printed money and promised to dilute their currencies for the future. The first trading day of the year…
Molycorp, Inc. (NYSE: MCP) is surging yet again as the ‘rare earths’ bubble continues to inflate. A research call today is the most optimistic case of cheerleader pom-poms being waved to date. A firm…
Floods not seen in the modern era have shuttered coal mines throughout an area of Queensland, Australia, the size of Texas. Several large international miners, including Rio Tinto (NYSE: RTP), will take huge losses.…
Rare Element Resources Ltd. (NYSE/AMEX: REE) is lower ahead of the market open this morning. Late on Tuesday afternoon came a Form D filing showing that insiders of the company had filed for a…
Silver prices have risen more than 80% in 2010, far more than either gold, at about 26%, and copper, at around 28%. Aside from speculation, there are a couple of reasons for the enormous…
When BHP Billiton plc (NYSE: BHP) made its $38.6 billion offer to buy Canada’s Potash Corp. of Saskatchewan, China’s Sinochem Group considered making a rival offer for the Canadian fertilizer maker. That offer never…
Rare earth oxides (REOs) rare earth elements (REEs) aren’t just hot, nor are they just on fire. The have gone supernova. While there is an obvious bubble forming due to concerns of Chinese supply…
Copper is supposed to be one of the leading economic indicators. As demand rises, it translates to project building and industrial expansion in the months ahead. After all, it is a common base metal…
For the second time in two weeks, Molycorp Inc. (NYSE: MCP) has announced a deal with a Japanese company to help expand Molycorp’s Mountain Pass rare earth element mine. Two weeks ago it was…
Apparently it seems that getting coal in your Christmas stockings is now a good thing. FBR Capital Markets has a research report this morning that is highlighting some select coal names and the impact…
Since hitting a new high of more than $1,430 on December 7th, the price of gold has settled down again (sort of) to around $1,385. There appear to be several factors at play here,…
The global supply of rare earth elements faces a supply shortage because there is but a single source of approximately 97% of the minerals. That source is China, which has been fiddling with export…
Caterpillar Inc. (NYSE: CAT) is out with its monthly sales figures for November. The gains are very high on the surface. Asia/Pacific and the EMEA (Euro, Africa, Miidle-East) saw an acceleration in its retail…