Liquidate!
Gold’s down $100 in a single day again. Looks to be another four-standard deviation move. In terms of ascribing this to a global dash for cash, it’s also worth...
Endeavour Silver (EXK): ‘Massive Organic Growth’
Filed under: International Markets, Newsletters, Commodities, Stocks to Buy"If you're looking for a way to play the rise in silver without having to take on the risk of futures positions, Endeavour Silver (EXK) should be at the top of your list of pote...
Silvercorp Metals (SVM): Silver Breakout
Filed under: International Markets, Newsletters, Commodities, Stocks to Buy"Silvercorp Metals (SVM), based in Vancouver, Canada, produces silver from mines in China and Canada; annual revenues are $153 million," notes Leo Fasciocco.
The editor of Tick...
Silver Near a 31-Year High
Filed under: Major Movement, Competitive Strategy, Barrick Gold (ABX), Commodities, Federal ReserveBack in the late 1970s, the Hunt brothers from Texas tried to corner the silver market. That drove prices to $48 an ounce. Now, 31 years later, silver is...
Freeport-McMoRan’s Forecast Overshadows Strong Quarter
Filed under: Freep't McMoRan Copper (FCX)With the surge in copper prices -- and other industrial and precious metals -- it was no surprise that Freeport-McMoRan Copper & Gold (FCX) had a great quarter. Net income rose 60% to $1.55 billion or $3.25 ...
Chasing Value: Caterpillar Is Not Dirt Cheap
Filed under: Major Movement, Deals, Good news, Caterpillar (CAT), Deere and Co (DE), BHP Billiton Ltd ADR (BHP), Chasing Value[TM], Commodities, Headline News, Anglo American (AAUKY)Companies on a shopping spree either feel their growth is confined or ...
Gold Climbs to Yet Another Record High
Filed under: Major Movement, Commodities, Financial Crisis, CurrencyGold prices have marched to a new high of $1,422.45 per troy ounce in London. This marks the fourth day of the gold rally.
The Wall Street Journal (subscription required) cited that th...
Gold Roars to a New Record
Filed under: Major Movement, Commodities, Federal Reserve, CurrencyGold took a giant leap Wednesday with December futures soaring $23.80 to $1,370.50 an ounce. You are probably wondering what happened for gold to make such a big one-day gain?
The trig...
Goldman Sachs Forecasts $11,000 a Ton for Copper
Filed under: Analyst Reports, Forecasts, CommoditiesFirst off we should distinguish between precious metals and base metals. Copper and zinc fall in the category of base metals. Base metals are used in construction and products. So copper and zinc are ...
Gold and Silver March to New Highs
Filed under: International Markets, Market Matters, Commodities, CurrencyPrecious metals moved higher today, led by gold, which set another record high. Here are the numbers:
December gold futures are trading at $1,328.20, per ounce, up $11.40 (as...
Gold: Has the Easy Money Already Been Made?
The market's investment-obsession-of-the-moment? Oh, one could pick several, but gold certainly has to be up there.
If you're a gold expert, by all means, invest or trade away. But the view from here argues: if you're not, stand aside.
There's a phra...
Gold Rises to $1,300 per Ounce; U.S. Dollar Sinks
Filed under: Major Movement, International Markets, Market Matters, Commodities, Federal Reserve, CurrencySpot gold in London hit $1,299.65. The December gold futures contract traded at $1,301.30, setting new record highs, as reported in Reuters.
Gold ...
