Tuesday, November 24th, 2009

Posts Tagged ‘ copper ’

Base Metals Still Mired in Red

Aug 30th, 2008 | By Doug Casey | Category: Financial News, Gold Market

The base metals were all in the red again on Friday. Copper dropped in the pre-dawn hours and, though it rallied through the New York session, never got back to even, finishing at $3.4242/lb., down more than 5 cents.



Base Metals Plummet, Weakness in Europe Suggests Recession is Spreading

Aug 27th, 2008 | By Doug Casey | Category: Financial News, Gold Market

The base metals were all in the red on Tuesday. Copper was off sharply in the pre-dawn hours, rallied during New York morning trading, but then faded again to finish at $3.4691/lb., down 9 2/3 cents.



Base Metals Mixed, BHP, Rio to Trade Numbers as They Jockey for Position

Aug 26th, 2008 | By Doug Casey | Category: Financial News, Gold Market

The base metals were mostly higher on Monday. Copper moved higher, finishing at $3.5657/lb., up nearly 5 cents from Friday. Nickel also gained, closing at $9.526/lb., up 15 cents. Zinc traded spottily, ending little changed at $0.819/lb. up three-quarters of a cent.



Nickel Continues Strong Upmove, but Zinc seen Struggling on Supply Excess

Aug 21st, 2008 | By Doug Casey | Category: Financial News, Gold Market

The base metals were mixed on Wednesday. Copper rose until just before the noon hour, cresting above $3.51, then hit a sudden vicious selloff that plunged it into negative territory, finishing at $3.4293/lb., down nearly 4½ cents.



Base Metals Spin Wheels, but BHP Reports Record Profits

Aug 19th, 2008 | By Doug Casey | Category: Financial News, Gold Market

The base metals were mixed on Monday. Copper peaked during the pre-dawn hours, then moved steadily lower, with a small, late morning rally taking it off its lows and returning it to near break-even, with a finish at $3.3693/lb., down a quarter of a cent.



Base Metals Also Rally, Copper has Huge One-day Jump

Aug 14th, 2008 | By Doug Casey | Category: Financial News, Gold Market

The base metals were mostly higher on Wednesday. Copper moved steadily higher in the pre-dawn hours, really spiked in the first hour of New York trading, then held its gains through the day to finish near its intraday high at $3.3973/lb., up 13 1/3 cents.



Base Metals up Sharply- Nickel Prices Surge on Production Cutbacks

Aug 8th, 2008 | By Doug Casey | Category: Financial News, Gold Market

It was a good day for the base metals Thursday as copper, nickel, aluminum, and lead all rose, leaving zinc as the sole loser on the day. Copper traded flat early but rose during a pre-dawn rally to finish at $3.5354/lb., up more than 3 cents.



Base Metals Stuck

Jun 14th, 2008 | By Doug Casey | Category: Gold Market

The base metals were mixed on Friday. Copper was flat until the late morning, then shot upward, peaking around noon before flattening out after that to finish at $3.6656/lb., up 5 cents.



Strong Dollar Hits Most Base Metals – But Nickel Rallies on Smelter Closure

Jun 13th, 2008 | By Doug Casey | Category: Gold Market

The base metals were mostly in the red on Thursday. Copper declined from the pre-dawn hours through to mid-morning, then rallied to finish at $3.6157/lb., down just more than 2 1/3 cents. Nickel prolonged its recent resurgence, rising steadily to push back over the $11 mark, closing at $11.0873/lb., up 61 cents.



The Other Way to Make a Fortune in ‘Services’

Jun 12th, 2008 | By Brian Hunt | Category: Stock Market Investing

Ritchie BrothersTransoceanSchlumberger. We’ve spent a lot of ink in DailyWealth showing you “domino effect” plays on the global commodity boom.