ThinkstockCommodity metals are having a tough time lately. Investor enthusiasm for metals has fallen, and its only necessary look at the price of gold to see why. Equities are where investors want…
ThinkstockFor weeks, people who follow copper and the stocks of copper producers have been wringing their hands as prices have slipped ever lower, finally hitting a 44-month low Wednesday morning. Given what…
ThinkstockAs in 2013, the twin focus of the mining industry will be to lower costs and reduce capital spending. There are also likely to be some asset sales as the larger miners…
ThinkstockCommodity prices took a sharp downward turn in 2013, but the good news appears to be that it will not get any worse in 2014. According a recent report, analysts at Moody’s…
ThinkstockThe research team at Merrill Lynch has found that global investors remain very “underweight” in their holdings of metals and mining shares, while valuations do not look stretched. This contrasts with decent…
Investors and traders are always on the lookout for fresh research ideas from Wall Street that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh research calls…
ThinkstockCopper is one of the metals that really matters at the street level of the global economy. The price of gold is much more exciting about the price of copper, but copper…
Jon C. Ogg ThinkstockIf you just considered how uncertain things are right now, you might think that news coming out of China regarding its economy was still very soft. Data over the weekend showed China’s…
U.S. equity markets opened mixed this morning following a decision by the European Central Bank to leave its interest rates unchanged (more coverage here). Third-quarter eurozone GDP was in line with the…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. Freeport McMoRan Copper & Gold Inc. (NYSE: FCX) cut to Neutral at…
The three major US stock indexes opened lower this morning following a negative reaction by a government official to a weekend report that Germany would support a sovereign bond-buying plan for the…
Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Monday morning. Agrium Inc. (NYSE: AGU) named as Bull of the…
The single most important word in world markets for base metals and steel is “China.” With the slow-motion economic recovery in the global economy, the expected 8% or so growth in Chinese…
What happens when you have an appreciating dollar? Commodity prices tend to fall, all other things being equal. But what about when you have a scenario where risk-on investors are not buying…
From a high of around $4.60/pound in February of 2011, copper prices have fallen around $3.60/pound today, which is actually better than the price of around $3.40/pound at the beginning of the…
