Blog > Archive by tag 'commodities prices'
The commodities markets rallied today. The price of crude, natural gas, gold, silver, and coal were all on the rise. Investors that followed my advice and bought shares of James River Coal (NASDAQ:JRCC) are sitting on 28% gains.
By Andrew Snyder
Baltimore – (TFN): It turned out to be another wild day on Wall Street. The equities [...]
Tags: coal, Commodities, commodities prices, commodities rally, crude, financial news, Gold, james river coal, JRCC, nasdaq:JRCC, natural gas, oil
Commodities have fallen dramatically. Yet each price chart indicates that there’s plenty of value still to be shed just to erase the gains of 2008!
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"In commodity markets (unlike stock markets) it takes many years to bring new supply on line. You don't just open a new strip-mine overnight. And it takes years to fully develop a new oil and gas field — assuming major new discoveries can be found at all." — Mike [...]