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'The Sky Is The Limit' For Gold And Silver
Wednesday, July 13, 2016 - 12:45pm | 682Read More...The markets are climbing to new heights, and commodities are hanging on for the ride. Gold and silver futures are have soared over the past year. Brexit included, KODEX Gold Futures(H) (KRX: 132030) are trading up a little over 4 percent over the past month, whereas KODEX Silver Futures(H) (KRX:...
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No Second-Place Medal For This Silver ETF
Tuesday, July 5, 2016 - 8:28am | 522Read More...With the Summer Olympics right around the corner, the public will be reminded of another slight to silver: It is the medal awarded to second-place finishers in various events. In the investment world this year, silver is far from a runner-up. Talk About Some Awesome Returns The iShares Silver Trust...
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Credit Suisse Says Buy Gold, Sell Copper: Downgrades Southern Cooper To Sell
Friday, July 1, 2016 - 10:42am | 296Read More...Credit Suisse’s Ivano Westin expects gold prices to rise in the near to medium term, as the market turns to “safe mode,” although the outlook for copper is likely to be much more challenging. Westin downgraded the rating on Southern Copper Corp (NYSE: SCCO) from Neutral to...
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Despite Commodity And Resources Rally, Metals Pricing Recovery Is Not Immanent
Thursday, May 26, 2016 - 1:53pm | 433Read More...In a sector battling overcapacity, a Wall Street Journal report says miners are not seeing the imminent recovery in commodity prices or resources that rallied through much of this year, and unfortunately, this month's figures headed still lower. A Rally, But No Recovery? "From lows hit as early as...
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A History Lesson With Gold ETFs
Thursday, May 26, 2016 - 8:31am | 544Read More...The SPDR Gold Trust (ETF) (NYSE: GLD), the world's largest exchange-traded fund backed by physical holdings of gold, is up 15.3 percent this year. GLD is also one of this year's top ETFs in terms of new assets added. How's Gold Doing? However, some of the air has come out of the gold trade...
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Axiom: Stay Away From Mining Stocks
Monday, May 23, 2016 - 11:04am | 379Read More...It may still be too early to be bullish on metals and mining stocks. Axiom analyst Gordon Johnson believes the Federal Reserve’s hawkish commentary last week will trigger another leg down for a number of global metals, mining and mining equipment stocks. According to Johnson, the biggest...
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Goldman: 2 Upgrades, 2 Downgrades For Gold Miners
Wednesday, May 11, 2016 - 9:59am | 403Read More...The worst part of the three-year decline in gold prices may be over. Goldman Sachs analyst Andrew Quail has raised the firm’s price target for gold and issued two stock upgrades and two downgrades among gold miners. Goldman has upped its 2017 gold price forecast from $1,000/oz to $1,150/oz....
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Asian And European Stocks Mostly Higher Ahead Of Central Bank Meetings And Key U.S. Earnings Reports
Tuesday, April 26, 2016 - 7:34am | 329Read More...Asian stocks were mostly higher on Tuesday as investors and traders anxiously await Thursday's Bank of Japan meeting in which the central bank may introduce negative lending rates. Investors and traders were bearish on Japanese stocks as the country's Nikkei index lost 0.49 percent. On...
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Metals And Mining Stocks Booming
Tuesday, March 1, 2016 - 11:47am | 257Read More...Metals and mining stocks surged on Tuesday, partly due to encouraging news out of China that should support commodity prices. China expects to lay off nearly 2 million workers in the coal and steel industries, representing around 15 percent of the total workforce. The country's actions are part of...
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Vale Loses 5% Following Production Report, Iron Ore Output Falls Short Of Expectations
Thursday, February 18, 2016 - 11:58am | 233Read More...Shares of Vale SA (ADR) (NYSE: VALE) were trading lower by more than 5 percent on Thursday after the company released its fourth quarter and full year fiscal 2015 production metrics. Vale said its iron ore output rose 2.9 percent from a year ago to 85.4 metric tons but fell short of the 88.3...
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Possibly The Only Silver ETFs To Be Concerned With
Wednesday, December 16, 2015 - 9:49am | 568Read More...With year-to-date losses of just under 30 percent, the ETFS Physical Platinum Shares (NYSE: PPLT) and the ETFS Physical Palladium Shares (NYSE: PALL) are easily the worst performers among the major precious metals exchange-traded funds. The SPDR Gold Trust (ETF) (NYSE: GLD) is down just 10.6...
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Traders See Pain Train Arriving For The Steel ETF
Thursday, December 3, 2015 - 2:47pm | 573Read More...Few non-leveraged sector and industry exchange-traded funds can rival the weakness exhibited by the Market Vectors Steel (ETF) (NYSE: SLX) this year. The steel ETF is down nearly 38 percent. In the essence of fairness, it should also be noted that the SPDR S&P Metals and Mining (ETF) (NYSE: XME...
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Traders Shy Away From Metals In Commodities Slump
Tuesday, September 15, 2015 - 7:28am | 330Read More...With China facing an economic slowdown and many questioning whether or not the nation's government data presents a reliable picture of just how bad the situation is, metal prices have fallen to multi-year lows. China is responsible for about half of the global consumption of base-metals...
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When Will Asia Save Gold and Coal?
Wednesday, November 27, 2013 - 4:56pm | 545Read More...Economic policy from the United States has been devastating for the price of gold and coal. As a result, the exchange traded funds for gold, SPDR Gold Shares (NYSE: GLD) and its coal-related counterpart, Market Vectors Coal (NYSE: KOL), are both down by more than 20 percent for 2013. Demand...
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Gold Ends Week Below $1,300 as it Searches for a Bottom
Friday, November 22, 2013 - 5:59pm | 696Read More...It's not fun to be a gold-and-silver investor. Gold settled Friday at $1,244.10 an ounce, 50 cents higher on the day but down 3.4 percent for the week. It was gold's worst weekly loss in 10 weeks. For the month, gold is off six percent and down 25.8 percent for the year. Silver was off 7.2...














