COMMODITIES

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Copper Drops Below $3.9 a pound as Dollar Rallies

Copper futures fell below $3.9 a pound in New York on Friday as the dollar recovered gains against the euro.Today, the dollar jumped 1 percent against a basket of six major currencies including the...
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Crude Oil Hits New Record Above $116 a barrel

U.S. crude oil prices jumped today above the record high of $115.54 posted on Thursday, as a sabotage in a pipeline in Nigeria rose concerns that demand may increase.For the first time, oil futures...
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Rice Rallies Boosted by Shrinking Global Supply

Rice advanced in Chicago after Turkey and Philippines sought cargoes of the grain due to declining global supplies. Rice for May delivery increased by 3.3 percent or 75 cents, to $23.30 per 100 pound...
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Oil Drops Slightly after Record High Above $115

Crude declined slightly on Thursday after reaching an all time record high on a report that U.S. crude and gasoline inventories fell.Crude inventories dropped more than expected last week by 2.36 m...
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Natural Gas Weekly Update - Apr 17

Since Wednesday, April 9, natural gas spot prices increased at virtually all market locations in the Lower 48 States. Currently, spot prices exceed the average spot prices of the 2007-2008 heating s...
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Platinum supply deficit to remain in 2008

By Jon A Nones SEATTLE (ResourceInvestor.com): The VM Group reported on Tuesday that the platinum market will remain in a deficit of 360,800 ounces in 2008, although down from 412,400 ounces...
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Double Brownie points for the Fed

By Dr Ron Paul There has been much talk in the media recently about the Federal Reserve and the actions it has taken over the past few months, writes US Congressman Ron Paul.Many news pund...
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'$1 000 Gold Still Very Cheap in Real Terms'

Greg McCoach, editor of Mining Speculator and President of AmeriGold, likes owning the physical metal. In this article, the second of a three part interview (see Part I) Greg tells us why. In Part Th...
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Want to pay Gold prices for food?

By Emanuel Balarie With all the talk about housing, a declining US Dollar, and the inevitable recession, many people may be overlooking a potentially more devastating economic factor, writes...
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This Week in Petroleum - Apr 16

Time of the Year If winter is the Most Wonderful Time of the Year as the popular song implies, it may not be too much of a surprise that gasoline consumers find the spring and summer anything but w...
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Why Crude Oil is on fire

By Jon Nadler Gold prices took off for higher ground overnight as the divergent oil and dollar fueled additional speculative interest in the metal.There is still somewhat of a disconnect i...
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Will IMF's Gold sale make positive trend

By Julian D W Phillips Most commenators we now read are taking the potential IMF Gold Sales as a foregone conclusion, says Julian Phillips of the Gold Forecaster...But the International Mo...
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High oil prices is no good news for oil cos

By Sergei Guriev, Anton Kolotilin, Konstantin Sonin As oil prices rise, global oil companies may seem to be making up for previous times when revenues barely covered production costs. Howeve...
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Gold cost up food cost up and currency cost down

By Bill Bonner Never did God give man such a sunny day that the authorities couldn't make it rain, writes Bill Bonner in The Daily Reckoning...As near as we can tell, nature favored Argen...
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'I am Bullish on All the Metals'

Greg McCoach is an entrepreneur who has successfully started and run several businesses the past 22 years. For the last eight of these years he has been involved with the precious metals industry as ...
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Possible Major Oil Find in Brazil

An offshore find by Brazil's state-run oil firm Petroleo Brasileiro SA, or Petrobras, in the Atlantic ocean may be the largest oil discovery in the past 30 years, the head of the Brazil's National Petroleum Agency said on Monday.
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Possible Major Oil Find in Brazil, Petrobras Shares Soar

An offshore find by Brazil's state-run oil firm Petroleo Brasileiro SA, or Petrobras, in the Atlantic ocean may be the largest oil discovery in the past 30 years, the head of the Brazil's National Petroleum Agency said on Monday.
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IEA cuts China's Oil Demand Growth Forecast

The International Energy Agency (IEA) said on Friday that China's oil consumption this year may be lower than expected due to the first quarter' snowstorm and shortage of diesel supply.

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