1054 days ago
What a weekly close for Gold, just above key resistance!
Crescat Capital
1055 days ago
Green investing for "realists" taking off? Uranium ETFs have grown assets by 800% this year
Uranium ETFs have grown assets by 800% this year, now at exactly $1b as green investing for realists takes off. URNM is up 143% in past year, URA +106% @bloomberg @ericbalchunas.
1056 days ago
Oil and gas companies raised a meager $1.80B vs $11.59B same time last year.
As of April, oil and gas exploration and production companies have raised $17.80 billion, more than doubling from the $8.99 billion recorded by the same prior-year month. Year-to-date, oil and gas storage and transportation companies have pulled in $11.47 billion, down from the $21.02 billion in the same year-ago period. Oil and gas refining and marketing companies have raked in $5.79 billion, while integrated oil and gas companies brought in $750 million.
1056 days ago
Iron Ore futures slide as China seeks to control the price surge
Futures in Dalian dropped the daily limit, while prices in Singapore extended a slump from a record $233.75 a ton on Wednesday amid concerns about the sustainability of the rally. In the latest move aimed at containing prices, the steel-making hub of Tangshan banned steelmakers from fabricating or spreading price-hike information. That follows comments from Chinese Premier Li Keqiang this week about the need to deal with surging commodity costs.
1056 days ago
China iron ore prices are limit down -10% today
A lot of the froth is starting to come out of the markets - especially in Asia - here's another example in the commodities space.
