Rare earth minerals miner Molycorp Inc. (NYSE: MCP) reported second quarter earnings last night that topped analysts’ estimates, and shares are trading more than 10% higher in the pre-market this morning. Competitors Avalon Rare…
Less than two months ago, CME Group Inc. (NYSE: CME) lowered margins on its 100-ounce Comex gold contracts in what the company said was part of its “normal review of market volatility to ensure…
From a high of more than $2/pound, cotton prices have tumbled to around $1/pound. The collapse is likely due to what analysts think will be a record cotton crop for this year. This could…
Rare Element Resources Ltd. (AMEX: REE) is leading the rare earth sector higher today after disclosing last night about its progress in North American rare earth element deposits. The numbers look good on the…
The move up and the sudden move down in gold today has been almost impossible to ignore. Gold was up more than $15.00 above $1,681.00 today, but now gold is DOWN over $20.00 and…
The new gold rush is the same as the ultimate flight to quality… Rather than chasing dollars and getting great income of the United States bond market, gold continues to move toward being a…
More woes are coming out of China regarding Chinese companies… AgFeed Industries, Inc. (NASDAQ: FEED), an animal nutrition and commercial hog producer in China, has given a preliminary report on its earnings and shares…
NovaGold Resources Inc. (AMEX: NG)may have struck it rich. Last month when we looked at value in gold mining stocks, NovaGold was among the group. We noted at the time that NovaGold had pinned…
After considering the comments made, it its difficult to tell whether Moody’s recent announcement of a pending downgrade of AK Steel Holding Corporation (NYSE: AKS) is company-specific or motivated by a downbeat view of…
As the disagreement on the US debt ceiling turns into a debacle, gold posted a new high near $1,635/ounce this morning before pulling back to trade at around $1,624 late in the afternoon. Silver…
Weyerhaeuser Co. (NYSE: WY) reported a -29% decline in profits this morning. The company’s EPS came in at $0.02, compared with estimates of $0.19. Weyerhaeuser also missed on revenue, posting a number of $1.61…
Senior gold miners Barrick Gold Corp. (NYSE: ABX) and Goldcorp Inc. (NYSE: GG) reported earnings this morning, and the reports varied by enough to cause some wonder, if not concern, about gold miners’ shares…
Avalon Rare Metals Inc. (AMEX: AVL) is getting hit pretty hard this morning after shares were hit hard last night. The emerging rare earth materials players filed to sell some 7 million shares of…
The odds that the U.S. will default on its debt on or after August 2 increase each day. Some credit analysts believe the odds are in favor of insolvency. In the event of default,…
Today’s surprise report on the increase in housing starts has put some added energy into copper futures, which have been holding more or less steady this month following a rise of about 2% late…