Oil has dropped like a rock and is out of the discussion for this article. The market still needs to settle out the speculation and digest much of the speculative supply that is rushing into the markets. Other commodities such as silver are now on the radar with a rapidly expanding money supply and a heavily deflated price per ounce. Read more…
Commodities have been pounded over the last few months. The ride up was attributed to inflation, and now that they’re falling off a cliff there is nothing fundamental to propel such a move. Today the commodities market is rallying a bit on lower oil supplies and the metals are coming back from their lows. If anything, the commodities market should be in a complete bull market run due to their resilience to inflation. Read more…
The recent pullback in commodities such as gold, silver and oil really hurt the industries share prices. Gold stocks were down the most just this last week after metals prices lost more than 10%. Silver was down from its highs to 16.85 an ounce, which I believe to be the cheapest we’re going to see for a long while. Read more…
After its sharp run up from $7 per share since January, there is still a lot of potential in this high price gold and silver mining company. I took the time to analyze the 2006 annual reports and found that Gammon is a great investment even as the stock nears $10 and the company is just now turning profitable. Read more…
The prices of the metals are moving up just as fast as the prices of oil. Here is a metal round-up of the current prices and where they are expected to go. Read more…
