Category Archives: Commodities

solar-workers-panels-installation

Solar to Surpass Natural Gas in U.S.

January 9th, 2017 by

There is no doubt that the question of how to generate cheap, clean, and sustainable energy will be one of the most pressing challenges for this generation of entrepreneurs and innovators. In the wake of the plunge and fluctuations of crude oil prices the past two years, much has been made of the attractiveness of […]

gold toilet

Gold In Our Sewers?

December 31st, 2016 by

Could you ever imagine someone throwing away a commodity as valuable as gold? As difficult as it may be to believe, people are literally flushing millions of dollars worth of gold down the drain each year! It begs a rather strange pair of questions: How much lost gold is really hidden in our sewer systems? […]

india-gold-no

India Combats Gold Smuggling

December 20th, 2016 by

A great deal of news coverage has focused on the legislative war that the Indian government has engaged in against its domestic gold market, especially over the past two years. The unpopular effort seems to finally be having a noticeable impact, however, according to the latest data on gold smuggling from India’s Ministry of Finance.

gold-mine

Year-End Mining Update

November 25th, 2016 by

As 2016 nears the end of the year, it’s a good opportunity to review some of the recent headlines in the precious metals mining sector.

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Object Falls from Sky Into Jade Mine

November 20th, 2016 by

When a 15-foot metal cylinder plummets from the sky and crash lands somewhere, you can hardly blame people for feeling a bit like Chicken Little: Is the sky falling? This is essentially what happened in Myanmar (formerly called Burma) last week in one of the stranger international news stories in recent memory.

Trump and Oil Market

What Does A Trump Win Mean For OPEC?

November 11th, 2016 by

Donald Trump’s victory in the US Presidential election has been the greatest global disruption of the year, far surpassing the Brexit vote in the UK. The general consensus is that he is committed to the largest deficit spending campaign in decades, which has thrown markets into a massive realignment. Two markets that will be the […]

Copyright: timbrk / 123RF Stock Photo

Investing In Platinum

November 10th, 2016 by

Platinum shares a kinship with silver in that both metals are simultaneously industrial metals and precious metals. This creates interesting dynamics in the supply and demand for platinum in ways that differ from gold.

oil-rally

GE Merges With Baker Hughes

November 1st, 2016 by

In a move that has certainly grabbed the headlines, General Electric (GE) has agreed to combine its energy division with the oilfield services firm Baker Hughes (BHI). The merger creates the second-largest oil and gas company in the world.

A raw jade stone on display in a museum.

$170-Million Jade Stone Discovered

October 30th, 2016 by

In the world’s top exporter of the precious stone jade, Myanmar (formerly known as Burma), a startling discovery was made by a mining company in conjunction with the country’s Ministry of Mining.

oil market

Algiers Oil Talks Likely To Disappoint

September 23rd, 2016 by

Chatter in the oil market has been dominated by next week’s meeting in Algiers by OPEC oil ministers, along with Russian officials. The Algiers oil talks will center on hammering out differences in each nation’s stance regarding implementing a global freeze on oil production.

Image courtesy of Holabird Western Americana

Gold Nuggets Going to Auction

September 21st, 2016 by

We love to hear about people finding gold nuggets with metal detectors. These kinds of stories often appeal to our sense of adventure and, frankly, are fun to report on! While treasure hunting and metal detecting are very popular and rewarding hobbies, not everybody has the time or means to go out searching for buried […]

(flickr: Sergio Russo

The Oil Glut Is Alive And Well

September 13th, 2016 by

Oil traders and energy companies are reeling from news that the global oil glut will last longer than previously thought. A one-two punch of increasing non-OPEC supply, combined with slowing demand in Asia, has economists rethinking the sunny forecasts they were issuing only last week. This leads to the question: How much longer will the […]

Federal_Reserve

Fed Seeks Major Banking Rule Change

September 9th, 2016 by

Among many other more important factors, one of the precursors to the financial crisis was the lifting of a long-standing legislative prohibition on investment banks simultaneously operating as commercial banks, and vice versa. Since the passage of the Glass-Steagall Act (1933) during the time of FDR and the New Deal, these two functions were kept […]

oil market

Can New OPEC Oil Talks Succeed?

September 2nd, 2016 by

Oil traders originally cheered the news that OPEC members will meet informally this month while attending the International Energy Forum conference in Algiers. That enthusiasm has now waned, as the oil market reacts skeptically to recent soundbites from various oil ministers. Remembering how hopes were dashed this past April when the Saudis suddenly scuttled an […]

Image courtesy of Minelab

4-Kilo Gold Nugget Found In Australia

August 27th, 2016 by

Showing once again what huge dividends a hobby like metal detecting can pay, an incredible four-kilo gold nugget was recently discovered in Victoria, Australia. It was found with a Minelab metal detector (shown, below).

miner-cartoon

Glencore (GLEN): Mixed Results for Miners

August 24th, 2016 by

Gold mining firms have been strong this year, with industry players big and small alike posting remarkable gains. However, the broader mineral and resource mining space is still trying to recover from its multiyear slump.

generic platinum bars

Time for Platinum Group Metals to Shine?

August 7th, 2016 by

The Platinum Group Metals are apparently coming back into vogue among bullion investors. The two PGMs (platinum and palladium) are rallying more than their precious metal cousins of late, and the markets have responded.

solar-oil

Solar Beating Oil For Energy’s Future

July 21st, 2016 by

The global oil glut may become even worse, as the rapid adoption of solar energy installations reduce the demand for oil. The outlook for coal is even bleaker: Solar and wind together are expected to totally replace coal in the next 20 years. In fact, this year’s annual report from Bloomberg New Energy Finance predicts […]

oil-rally

Shale : The Future Of US Oil

July 15th, 2016 by

Technical advances in horizontal drilling have transformed shale oil into the most cost-effective and fastest sector in the US petroleum industry. Fracking operations in the American West are now considered the global swing producer, instead of Saudi Arabia. As efficiency has risen and costs have fallen, shale now supplies 2/3 of the natural gas and […]

iran-oil

Iran’s Oil Exports Suddenly Surge

June 6th, 2016 by

The rapid increase in Iran’s oil exports have caught global oil markets by surprise. The nation’s pledge to return to pre-sanctions levels of production by June were seen as a pipe dream earlier this year, but have apparently become reality. Locked in an ideological and economic battle with Saudi Arabia, Iran sees rapidly increasing their […]