TodaysFinancialNews.com LLC » Gold and Resources

Avoid Lonmin (LMI:London) After Xstrata (XTA:London) Refusal

Stephanie Grimmett — Thu, 07 Aug 2008 20:28:55 +0000

"This isn’t good news for the platinum miner, which says it’s being grossly undervalued and Xstrata is just taking advantage of the recent slide in commodities prices to lowball Lonmin." — Stephanie Grimmett by Stephanie Grimmett Baltimore — (TFN): Xstrata (XTA:London) is loooking to buy, and it’s not too particular about how. The British-Swiss [...]

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Post tags: Commodities, lmi, lonimn, mining, platinum, south africa, Xstrata, xta

Rare Earth miner Avalon Ventures (AVL) hits trailing stop at 50% gains

J. Christoph Amberger — Thu, 07 Aug 2008 19:00:34 +0000

Our rare metals miner Avalon Ventures (AVL:TSE) triggers our trailing stop. by J. Christoph Amberger Baltimore — (TFN): Our Indium speculation Avalon Ventures (TSE:AVL) had overed between 65-70% gains over our initial recommendation from March 27. (See “Indium IPO: Buy or pass on this rare-metal IPO?”) Last time we updated you on this stock, we wrote: “At this point, [...]

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Post tags: amberger, Avalon Ventures, AVL, canadian mining stock, financial news, indium, mining stock, rare earth, rare metals, Thor lake

Potash Corp. Saskatchewan (NYSE:POT) appears caught in an industry downturn

J. Christoph Amberger — Wed, 06 Aug 2008 01:56:37 +0000

Potash Corp. Saskatchewan (NYSE:POT), the aptly named chemicals and potash producer, finished another day in the red, finishing the day at $173.31 — despite a rip-roaring rally on the American stock exchanges. But the entire industry has been hit hard. What to do about potash? by J. Christoph Amberger Baltimore — (TFN): Potash Corp. Saskatchewan (NYSE:POT), the [...]

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Post tags: Agrium, Athabasca Potash, financial news, NYSE:POT, pot, Potash Corp. Saskatchewan, TSE:AGU, TSE:API, TSE:WPX, Western Potash

Beijing Series II Six-Coin Gold and Silver Set looks like a winner

J. Christoph Amberger — Tue, 05 Aug 2008 19:54:38 +0000

Demand and excitement surrounding the Beijing Series II 6-piece Gold and Silver commemorative Proof Set has reached a “fevered pitch”—not just in China, where all three six-coin gold and silver series have already sold out—but worldwide. by J. Christoph Amberger Baltimore — (TFN): The Beijing Olympic Games will kick off this Friday, August 8. The Chinese did [...]

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Post tags: Beijing Series II Six-Coin Gold and Silver Set, gold coin, gold price, olympics

Gold Price Plunges: You might as well hold stocks

J. Christoph Amberger — Tue, 05 Aug 2008 16:16:08 +0000

Gold is behaving just like the speculative commodity it is. Just like oil — whose realistic and immediate upside is $150, $200, $500, depending on who you ask and which plummeted $30 in the last two weeks — gold is hitting the skids right now: Today, gold for December delivery fell to $895.50, down $12.40. by [...]

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Post tags: financial news, GLD, gold price, gold prices, nyse:gld, Outlook for gold

Saskatchewan Potash Corporation (NYSE:POT) is not quite cheap enough to re-enter

J. Christoph Amberger — Tue, 05 Aug 2008 02:23:27 +0000

After booking 50% gains on Saskatchewan Potash Corporation (NYSE:POT), we’re not quite ready to re-enter this stock, even at current financials. by J. Christoph Amberger Baltimore — (TFN): On December 26, 2007, former BreakAway Investor editor and resources expert Andrew Mickey was our guest expert at Hot Stock Pick of the Week. We usually post the [...]

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Post tags: Andrew Mickey, financial news, NYSE:POT, pot, potash, Saskatchewan Potash Corporation

Outlook for gold: A TFN Smart Trading Video

Laura Cadden — Sat, 02 Aug 2008 13:56:08 +0000

Even with declining oil prices, gold prices seem to be holding steady. But will it last? Juan Munoz gives Smart Trading viewers his take. Watch the video now. by Laura Cadden, Todays Financial News Baltimore — (TFN): Judging by media reports, the U.S. economy is in an upheaval. Energy costs are increasing both inflation and unemployment. Real [...]

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Post tags: adr traders, gold prices, investing in gold, Juan Munoz, laura cadden, oil prices, Outlook for gold, smart trading, tfn, video

The Top Five Best Gold Plays

TFN-Gold — Thu, 31 Jul 2008 18:34:20 +0000

“Missing out on gold is already costing investors a pretty penny. What’s more, most experts are forecasting gold prices to rise at least another 56% by the end of this year. So, how does one profit from gold? It’s simple.” — Mike Caggeso Blogger’s note: Mike Caggeso of Money Morning recently compiled a valuable [...]

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Post tags: bullion, gasoline, Gold, housing, inflation, mike caggeso, money morning

Gold’s Next Rally Is Coming Soon

TFN-Gold — Wed, 30 Jul 2008 14:58:53 +0000

"Sometimes, however, there is a delayed reaction in gold, which happens more often than efficient market theorists would like to admit. Gold’s fundamentals are still bullish." — Ed Bugos by Ed Bugos Baltimore and Vancouver, British Columbia — (TFN): Last week we saw a bounce in the stock market that threatened to send gold prices [...]

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Post tags: dow, ed bugos, efficient market, fundamentals, gas, gold prices, mortgage, oil

China Slides & Commodity Prices Dive

TFN-Gold — Mon, 28 Jul 2008 16:40:12 +0000

“About half of the commodities used in China end up one way or another in an export of some kind. So, as we stop splurging on Chinese-made furniture, TVs and shoes, clearly China-related commodities demand will soften.” — Eoin Gleeson by Eoin Gleeson Baltimore — (TFN): “Hungry China will dig miners out of a [...]

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Post tags: china, Commodities, commodity prices, copper, eoin gleeson, exports, iron, miners, steel