Category Archives: Commodities

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 […]

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.

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.

$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.

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 […]

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 […]

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 […]

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).

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 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 […]

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’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 […]

Aurora Green Diamond Sets Record

June 5th, 2016 by

We continue to see more and more evidence that the market for high-end diamonds and precious gems is beginning to catch fire. Earlier this week, in fact, the magnificent Aurora green diamond sold for a record-setting $16.8 million (HK$130 million) to a Hong Kong jewelry company.

Shale’s Cautious Recovery

June 2nd, 2016 by

Oil prices near $50 a barrel is bringing cautious optimism to America’s shale oil fields. The drilling companies that survived prices under $30 a barrel are discreetly increasing production, but are keeping a wary eye on global oil demand. Is the oil market finally recovering for real, or is this another trap set by the […]

Oil Attacks Destabilize Nigeria

May 31st, 2016 by

Escalating violence in Nigeria’s main oil-producing region is pitting the army against a new militant group determined to destroy the nation’s oil industry. The group responsible for these attacks call themselves the Niger Delta Avengers. Their stated goal is to force the government to invest more money in the environmentally and economically devastated Niger Delta […]

platinum crystals

Platinum Still Trails Gold

May 23rd, 2016 by

Although often overlooked relative to the silver and gold markets, platinum is primarily an industrial metal that combines beauty, rarity, and status as a precious metal. Not only are there developments worth watching in the platinum mining industry, but the metal could also offer interesting trading opportunities for bullion investors.

Fluke Saves Huge Foxfire Diamond

May 21st, 2016 by

The largest diamond ever discovered in North America was recovered by Rio Tinto (RIO) at its Diavick diamond mine in northwest Canada. However, this diamond was slated to have been pulverized (by accident) if not for a fluke!