All Posts Tagged With: "iron"
Cash Rich Arabs Takeover New York
1928, New York…Workers heave great hunks of iron and steel up vast construction cables… great machine-age pulleys send building parts up storey after storey… ever closer to the sweltering sun.
New Iron Ore Discovery to Save China’s Multibillion Pound Building Spree
One clever mining company owns the lot… and it’s positioned next door to its biggest customer. Broker Cannacord Adams says this firm’s shares should be DOUBLE what they trade for today. But that’s not the half of it! China is DESPERATE for concrete and steel.
Sounding the Government Debt Alarm
But that was not the only thing that was causing mayhem with the Mogambo Economic Alarm System (MEAS), as the Federal Reserve itself sold off another $11 billion of its government debt last week! Yikes!
Base Metals Beaten Down Some More
The base metals were all mired in the red again on Wednesday. Copper nosedived from the pre-dawn hours to the open of the New York session, bottoming at $3.69 before cutting about half its losses to finish at $3.7464/lb., down 5 1/3 cents.
Base Metals Still Floundering
The base metals were mostly in the red on Tuesday. Copper tumbled during the early part of the New York session, but rallied strongly from there to regain most of the lost ground and finish at $3.7999/lb., down a penny from Friday.
The Fourth Biggest Iron Player in Australia
Riding a bicycle in Melbourne’s autumn is like playing with fire, reader. The weather changes a lot quicker than we can ride.
Forget the BRICs, It´s the Age of the ABCs
Wall Street firm Goldman Sachs made the term “BRICs” famous in a 2003 research report.
Chinese Wheat Production Hit by Disease
Asset-based investments now dominate the ASX in market value. The mining sector is worth $406 billion in market cap. Financials have fallen to $403 billion. The king is dead. Long live the king.
Dry Bulk Market in Riot Mode
For months now, the big story in the Aussie market has been China’s Inc.’s stealth invasion of Australia through the share market. A Trojan equity horse, if you will. But maybe we had the story all wrong. Maybe the Pilbara is invading China!
The Short and Long Term Solutions to the Growing Global Energy Crisis
Crude oil is grabbing the headlines but it’s coal and uranium that together provide nearly half the world’s power.
Latest News
- Base Metals Savaged1:58pm CDT
- Crude Still Slipping1:55pm CDT
- Dollar Flat Amid Dreadful Data1:52pm CDT
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- Resource Stock Roundup Friday, September 5th, 200812:01pm CDT
- Base Metals Treading Water11:53am CDT
- Crude Slips Further, $106 Seen as Support Level11:50am CDT
- Dollar Continues to Squash Euro11:47am CDT
- No Relief in Sight for Gold and Silver11:43am CDT
- Global Investing Roundups Friday, September 5th, 20089:39am CDT
- Weak Labor Market and Slowing Retail Sales Put U.S. Stocks in a Tailspin9:18am CDT
- Protest at Tata Plant Evidence of Indian Identity Crisis9:04am CDT
- Tap Into Korea’s Profit Potential with MSCI Korea Fund (EWY)8:02am CDT
- Follow PIMCO into Fannie and Freddie Bonds6:05am CDT
- Why You Should Buy Puts on the Weakest S&P 100 Players Now5:37am CDT
- Dollar Rally Means Mining Stocks On Sale5:11am CDT
- And Then There’s This… Thursday, September 4th, 200811:31am CDT
- Resource Stock Roundup Thursday, September 4th, 200811:26am CDT