It is easy to forget that, unlike money, there is a limited supply of gold. Government printing presses have been hard at work since the beginning of the recession. The mining of gold may…
Gold has effectively decoupled from everything. Markets rise, gold is up. Markets fall on uncertainty, gold is up. Dollar strength, gold is up. Euro strength, gold is up. Oil falls on demand, uncertainty, gold…
Despite earnings warnings and lower guidance throughout 2009, analysts and investors chased up the potash and agriculture names due to the various potash and agriculture companies talking up forward shipments and an eventual recovery. …
Over the past year, gold prices have jumped by about a third, from around $900/ounce to over $1,200/ounce. And while the ETFs that track gold bullion and gold miners are showing gains for the…
Last week, USEC Inc. (NYSE:USU) announced a $200 million investment from Toshiba Corp. and Babcock & Wilcox that would be spread out over three phases. Each of the investors will pitch in $100 million,…
The ETF universe for metals is getting larger in new assets. ETFS Physical Platinum Shares (NYSE: PPLT) and ETFS Physical Palladium Shares (NYSE: PALL) are getting larger via share sales. This is not having…
On April 19th, Molycorp, Inc., a privately held company, filed with the US SEC for an IPO. The company did not say how many shares would be offered nor did it indicate an IPO…
It is the weekend, and that means it is time for the new list of our UNUSUAL SUSPECTS for stocks on the move that need to stay on the radar or those that have…
China consumed 864 million metric tons of coal in the first quarter of 2010. Thermal coal consumption to generate electricity totaled 444 million metric tons and metallurgical coal consumption, primarily used in steel making,…
Perhaps one way to get a read on where housing construction in the US is headed is to look at the companies who supply the lumber that goes into new construction. Louisiana-Pacific Corp. (NYSE:LPX)…
Gold opened above $1,200.00 per ounce this morning before dropping below that magic number again as the day progressed. SPDR Gold Shares ETF (NYSE:GLD) is pretty much flat, opening at $118.49 and now trading…
We saw the launch of two new ETF products today covering the global commodities boom. In the metals and mining sector, Global X Management launched the Apex Silver Mines Ltd. (NYSE: SIL) and the…
The pressure on the FDA to take measure sthat would lowere the salt content of food increased today. According to the AP, “the prestigious Institute of Medicine said the food industry hasn’t done enough…
We aren’t going to bother telling you the news on Goldman Sachs being charged by the SEC with fraud over mortgage products. The notion that hedge fund Paulson & Co. is being implicated and…
During the first quarter of 2010, Rio Tinto plc (NYSE:RTP) boosted production of iron ore by 39% compared with the same period last year. The primary driver, as expected, is China, where the still-booming economy can’t…