All Posts Tagged With: "mining stocks"
Resource Stock Roundup Wednesday August 27, 2008
The resource rich Canadian markets essentially flatlined during Tuesday trading as bank earnings took centre stage.
2 ETFs and 4 Mining Stocks to Profit from $1,500 Gold
Martin Hutchinson in Money Morning says that over the long-term oil and agricultural commodities are likely to deflate.
This is because, once the threat posed by the U.S. housing crisis has passed, the Federal Reserve will be forced to increase interest rates to fight inflation. Other countries will follow, which will deflate the commodities boom.
However, over the short-term, gold, whose movements are directly linked to inflation, is likely to bounce. Martin reckons a price tag of $1,500 an ounce for the yellow metal is entirely possible. He recommends two ETFs and four gold miners to profit from this situation…
Global Investing Roundups Wednesday, August 27th, 2008
Retailer’s Sales Slump But Not Its Stock; Stay-at-Home Diners Hurts Darden; Oil’s Dollar Jump on Weather and Political Unrest; FDIC’s Bad Bank List Bulges; HP Closes Deal with EDS; Citi Pays Restitution; GT Solar Swings to Profit; Rio Digs Record Results
Resource Stock Roundup Tuesday August 26, 2008
The Canadian markets started the trading week off on a sour note as falling commodity prices once again impacted the overall bourse.
Garry White Says Copper Prices Will Skyrocket in Coming Years
Smart Commodities UK editor Garry White says copper prices will soar in the coming years. Existing supplies are dwindling and the rush for greener hybrid cars will send demand for copper through the roof. In the short term, Garry says investors should be ready for the copper market to bottom out over the next two months, as the summer lull in trading comes to an end…
Asian Industrialisation Key for Australian Resource Sector
We are seeing mob behavior in the financial markets, says Al Robinson in The Daily Reckoning Australia. The country’s main stock exchange, the ASX, is following the Dow Jones Index on its various ups and (more frequent) downs this year.
Australian Resources Attract Global Investment Interests
Australian Federal Treasurer Wayne Swann has approved the sale of 11% of Rio Tinto (ASX:RIO) to Chinalco. The Daily Reckoning’s Dan Denning says this is just more evidence of foreign interest in Australia’s mineral deposits.
Faced with this reality, Dan says the government needs to decide whether Australia is for sale or not.
One thing for certain, as emerging giants like China and India increase their per capita income, the chase for global resources will become more intense. And Australia will be in the thick of the action…
Resource Stock Roundup: Saturday, August 23rd, 2008
The volatility continued during Friday’s trading session on the Canadian markets as dropping oil and bullion prices impacted the resource heavy big board but the smaller stocks managed to hold their own.
Dan Denning’s Top 3 Mining Investment Plays in Australia
Dan Denning at The Daily Reckoning Australia says the country’s world-class mineral deposits lured him away from the U.S. in 2005. New mining ventures in ’super’ deposits such as Mount Isa in Queensland may be volatile, but as older mines near the end of their productive life, they will control all the resources.
Resource Stock Roundup: Friday, August 22nd, 2008
The Canadian markets showed signs of life for a second straight session as gold and oil plays once again caught the fancy of investors during Thursday trading.
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