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…
The big Greek rumors are already being refuted today, but it doesn’t matter. Friday’s big rumor is that Greece will leave the Eurozone. Our prediction: this rumor is not true now, but…
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…
The sell-off in shiny metals leads off today’s commodities news. We also note new data that shows the US is a net exporter of oil for the first time in 20 years…
Today’s commodities news reflects on the sharp drop in silver, continuing softness in cotton prices, and another fall in grain prices. The fall in silver prices immediately following the announcement of the…
The reaction to the death of terror mastermind Osama Bin Laden has had what feels like a very limited impact on key financial markets, particularly if you go back and relive the…
One factor driving the price of silver through the roof is its use in industrial products. About half the world’s demand for silver comes from industries such as solar PV makers like…
In today’s commodities news another automaker is raising prices to meet higher commodity prices, corn and wheat continue to jostle for position as the higher-priced food, and gold prices keep climbing. General…
Commodities news today features another processing plant acquisition, the latest projections on demand for steel, and more increases in the price of wheat. Gold and silver continue to make new highs today,…
Today’s commodities report focuses on rising costs for fertilizer and food, the drought in the US southwest, and reports that China is re-selling some of its coal imports. Earlier today we noted…
The move of a generation in silver continues to rise in The Devil’s Metal. The same logic two years ago for why silver was the better metal than gold for inflation hedging…
Today’s look at the commodities markets examines a new report from the World Gold Council and reports on another downturn on agricultural products. The World Gold Council has published a new report…
Today’s commodities news leads off with report that Goldman Sachs Group Inc. (NYSE: GS) and its leading commodities strategist are recommending that investors abandon long positions in copper and platinum even as…
As we begin the week, prices for many commodities are rising, while only gold and oil are falling. Corn prices continue to climb and cocoa futures are up again as well. First,…
Time for our daily look at the world of commodity prices and key developments. This Friday brings gold and silver, corn prices on the rise, and even a positive read on aluminum. …
