The coal industry has taken a beating in recent years mainly from the environmental lobby and President Obama’s war on coal. The discovery of natural gas in the U.S is supposed to cut the role of coal in the electric…
Why Coal Isn’t Going Anywhere
Gold and Silver Prices – Daily Outlook for January 23
The prices of precious metals inched up on Tuesday along with other commodities such as oil and risk related currencies such as Canadian dollar and Aussie dollar. According to Standard Bank the demand for gold has risen in recent weeks…
Oil and Gold Traded Up on Tuesday – Recap January 22nd
Major commodities rallied on the second business day of the week: the price of Brent oil and WTI oil rose; the prices of gold and silver inched up on Tuesday; natural gas Henry Hub future (short term delivery) changed direction…
Gold and Silver Prices – Daily Outlook for January 22
The prices of gold and silver rallied during most of last week. Will gold and silver continue to rise? The recent decision of Bank of Japan to double its inflation target to an annual 2% rate is another indicator for the Bank’s…
Euro and British Pound Traded Down on Monday – Recap January 21st
Major commodities remained unchanged no account of the U.S holiday but major currencies were traded in a mixed trend and low volatility on the first business day of the week: the Euro against the USD edged down; the British pound…
Gold and Silver Prices – Daily Outlook for January 21
The prices of gold and silver resumed their upward trend during last week. Precious metals rose despite the appreciation of the USD against major currencies including the Euro, Canadian dollar and Japanese yen. Will gold and silver continue to rise…