The mining commodity price squeeze was making headlines again on Tuesday as iron ore fell to a five-year low and BHP Billiton announced that 700 Bowen Basin coalmining workers would go, but the miners are not alone in feeling the pressure. The price of wheat, Australia’s sixth biggest export, has…
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Agricultural commodity prices are crashing too
What everyone wants to know is if the economy is truly better. Is this recovery “for real”? …
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Is the economic recovery real? 3 stats to watch
According to the IEA, the last four-week average for crude oil imports into the U.S., as of September 12, 2014, stood at 7.8 million barrels per day (or bpd). This is 3.7% less than same period in 2013. …
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Why US crude imports dip and domestic production rises
After ore is extracted by one of the two methods, as we discussed in the last part of this series, by gold companies, it goes on to be further processed and ultimately sold. We’ll now discuss these processes …
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Investing in gold: A must-read value chain analysis
On Monday, the Russell 2000 completed a “Death Cross.” The Russell is made up of small and mid-cap stocks. A “Death Cross” is a technical indicator that happens when a security’s 50-day moving average falls below its 200-day moving average. The very basic, oversimplified idea behind why thi…
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Everyone’s Talking About The ‘Death Cross’ In The Russell 2000
Fonterra reduces forecast 2014-15 payout to nz$5.30 from nz$6.00 a kilo of milk
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Fonterra reduces milk forecast 2014-15 payout to nz$5.30 from nz$6.00
The Federal Reserve is about to lose two of its most hawkish voters on policy decisions. Charles Plosser said Monday he would retire from his post as President of the Federal Reserve Bank of Philadelphia March 1. Dallas Fed President Richard Fisher is required to step down in April because of Fed…
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Without Two Hawks, Fed Rate Consensus a Quarter Point Lower
Buying another brokers’ client assets is one thing, transferring them to your books is another The issues involved with transferring are currently on display, as FXCM announced earlier this month that it was acquiring the US and Australian MT4 retail customer base from IBFX. Owned by Japanese Mon…
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As FXCM Sweetens Pricing Terms of Former IBFX Customers, a Greater Industry Trend Emerges
With just under a billion tons produced in 2013, the U.S. ranks second in coal production. China is the largest producer with 3.7 billion tons. However, the U.S. holds much higher coal reserves at 237 …
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Must-know: An overview of the US coal industry
For 60 years, successive German governments sought a more European Germany. But now, Chancellor Angela Merkel’s administration wants to reshape Europe’s economies in Germany’s image. This is politically unwise and economically dangerous. Far from being Europe’s most successful economy – as German…
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Germany’s Economic Mirage
He made the comments at a town hall at Northern Michigan University. He’s about as dovish as they come but he has a reputation for changing his mind. I thought he might begin to swing toward the hawks but there’s no sign of a change in these comments.
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Fed’s Kocherlakota sees inflation below 2% for the next four years
Mohamed El-Erian expected to go quietly. The one-time heir apparent to Pimco investment chief Bill Gross had no idea leaving the firm would create a fire storm, and he gave no real consideration to staying on and working less. In his most extensive discussion yet about his controversial decision …
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Would have done ‘things differently’: El-Erian
The AUDUSD is keeping the bears in control after pushing above the trend line in early London trading and failing. The sell off has the pair moving toward the next key targeted low against a lower trend line connecting 5 recent lows. That target comes in at the 0.8821. Looking at the daily chart,…
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AUDUSD keeping the bears in control. Support eyed
China has a rapidly growing economy. It has a large population of 1.35 billion people. As a result, China’s energy demand is rising significantly. It plays a major role in the crude tanker industry. Economic …
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Must-know: China and Middle East crude import data is rising
A company’s choice of mining method is determined by the characteristics of each gold deposit. Based on these characteristics, there are mainly two kinds of mines—open-pit and underground.
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The ins and outs of gold mining for companies like Barrick Gold
Gold and the U.S. dollar were associated when the gold standard was being used. During this time, the value of a unit of currency was tied to the specific amount of gold. The gold standard was used from …
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Why gold and the US dollar have an inverse relationship
Dallas Federal Reserve President Richard Fisher said Friday the US economy was threatend by higher wages. Via Reuters: Fisher said on Friday he worries that further declines in unemployment nationally could lead to broader wage inflation. To head that off, and also to address what he called risi…
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Fisher on Wages
Just in case EUR/CHF traders were even thinking about taking them on up pops the head of the SNB. • Franc still highly valued • Will but unlimited foreign currencies • Will take further steps immediately if needed EUR/CHF gets the hint with a 9 pip rise.
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SNB’s Jordan says he will defend the cap with the utmost determination
Barrick Gold Corporation (NYSE: ABX ) has been under pressure along with the rest of the mining stocks recently. However, now it’s oversold and trading at support. Shareholders have been forced in to playing …
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Barrick Gold Corporation Oversold And At Support
Pan American Silver Corp. (NASDAQ: PAAS ) stock was, as of September 5 , on the verge of a bullish hold of technical support at $13.31. That level of support failed miserably and the stock continued lower …
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Pan American Silver Corp. Shares Trying To Hold On
