Gold has held up rather well compared to many metals, yet the mining stocks and the underlying gold stocks are in many cases performing as though they will not benefit from high…
Since the beginning of this year, the price of gold has gained about 6%. Three large precious metals funds, however, are down between -5% and -10% during the same period. The mutual…
One of the major caveats related to gold mining and gold prices has been the rising cost of production. Higher labor costs, higher energy costs, and lower grade ores have all contributed…
The failure of the European Central Bank and the International Monetary Fund to reach an agreement on a second bailout package for Greece, combined with a variety of other poor economic news,…
Consulting firm Pricewaterhouse Coopers has released its annual review of the mining industry, claiming that “the financial results for the Top 40 were spectacular.” That’s pretty hard to argue with, given a…
Less than two weeks ago we were given an exclusive interview with Tom Winmill of the Midas Fund (NASDAQ: MIDSX). Winmill told us he believes that gold will reach $1,700/ounce in 2011 and…
Today’s commodities news is all about the effect of a stronger dollar on commodities prices. Cotton prices, which rose almost non-stop beginning in August 2010, could be moderating and giving a break…
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…
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…
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…
Time for our daily look at the world of commodity prices and key developments. The US Energy Information Administration announced today that crude oil stocks in the US grew by 2 million…
Time for our daily look at the world of commodity prices and key developments. Corn futures continue their seemingly inexorable march toward $8/bushel as wet and windy weather in the US Midwest…
Time now for our daily look at commodity prices and news. Copper prices rose to their highest level in nearly three weeks as the estimated cost to rebuild quake-devastated areas of Japan…
Earnings are out for three large gold miners, and the reviews are mixed. Barrick Gold Corp. (NYSE: ABX), Kinross Gold Corp. (NYSE: KGC), and AngloGold Ashanti (NYSE: AU) have all reported fourth-quarter…
Today’s action is showing a very favorable move to Market Vectors Junior Gold Miners ETF (NYSE: GDXJ) after news that Newmont Mining Corporation (NYSE: NEM) is acquiring Fronteer Gold Inc. (AMEX: FRG). …
