JP Morgan Covering Silver Short Position
The National Inflation Association reports that JP Morgan has now admitted to having manipulated silver price and is taking steps to reduce it.Continue reading...
View ArticleChina vs. JPMorgan: the battle over gold and silver
Commodity Online reports that Gold is down 6% and silver 12% since the start of 2011.Continue reading...
View ArticleRio Tinto’s Iron Operations
Rio Tinto is the second largest iron producer in the world. Last year the company’s net earnings for it iron division totaled over $10 billion. In this article we look at the company’s iron operations,...
View ArticleSilver Price Manipulation: Fact or Fantasy?
Silver Investing News readers are intrigued to down right passionate when it comes to the topic of silver price manipulation. In a recent survey, we asked the question, “Do you believe the silver...
View ArticleDecision on JPMorgan Copper ETF Delayed
Reuters reported that the U.S. Securities and Exchange Commission has delayed a decision about JPMorgan's plan to launch a copper-backed ETF fund for the second time.Continue reading...
View ArticleJPMorgan Copper ETF Approved, but Fear of Shortage Remains
JPMorgan is preparing to launch its exchange-traded fund for physical copper after receiving regulatory approval in December. But detractors aren’t assuaged by the SEC’s view that the launch won’t lead...
View ArticleBlackRock May List Copper ETF Before JPMorgan
Reuters reported that the US Securities and Exchange Commission has approved a rule change that will allow BlackRock Inc. (NYSE:BLK) to list a copper-backed exchange-traded fund on NYSE Arca. This step...
View ArticleCan Silver Outperform Gold in 2013?
Gold gets the most attention, but silver is expected to be the better performer.Continue reading...
View ArticleOil Advances on Weak US Dollar
Reuters reported that crude oil futures settled at 42 cents higher Friday due to weaker US dollar and strong industrial output data in the United States.Continue reading...
View ArticleGoldman Sachs Selling Uranium Trading Business
Goldman Sachs is planning to sell its uranium trading desk, which once supplied uranium to Iran.Continue reading...
View ArticleJPMorgan Slashes Iron Ore Outlook, BHP and Rio Shares Fall
JPMorgan expects iron ore prices to extend its drop and average $67 a metric ton next year and $65 in 2016.Continue reading...
View ArticlePeninsula Energy: Ready to Start Production in Q3 2015
Peninsula Energy is set to begin production at its Lance projects in the third quarter of this year. Resource Investing News spoke with Executive Chairman Gus Simpson to find out how the company got to...
View ArticlePlateau Uranium Increases Resource Estimates for Macusani Plateau Properties
Plateau Uranium continues to make progress at its uranium projects on Peru's Macusani Plateau. Most recently it significantly increased the collective mineral resource estimate for those properties....
View ArticlePrices Return to Normal after Banks Exit Controversial AluminumTrade
International Business Times reported that the aluminum price is falling back to a level of normalcy after warehouses owned by financial institutions inflated the price aluminum used for beer cans and...
View ArticleCME Group to Launch Zinc Futures Contract in June
Reuters reported that CME Group Inc. (NASDAQ:CME) plans to launch a zinc futures contract in June. The news outlet states that the move will intensify the "global battle for metals market share with...
View ArticleUS Government Looking into Gold, Silver Market Collusion
BloombergBusiness reported that the US Department of Justice has started an examination of trading the US Treasury market. The US government is also looking at possible collusion in the gold and silver...
View ArticleMorgan Stanley Lowers Nickel Price Outlook as Stocks Rise
At the end of 2014, many market watchers anticipated positive price action in the nickel space in the near term. Unfortunately, those upbeat predictions have largely fallen by the wayside as 2015 has...
View ArticleChina Now Involved in LBMA Gold Price, Planning Yuan-backed Gold Fix
China is moving in on the gold market. Last week, a Chinese bank was finally added to the LBMA gold price last week, and this week China revealed that it's looking at launching a yuan-denominated gold...
View ArticleBMO Sees Long-term Potential for ‘Strong’ Nickel Price Recovery
Though the firm has revised down its medium-term nickel price forecast, longer term it anticipates "a strong price recovery if/when the market moves back to 'risk on' mode." The post BMO Sees Long-term...
View ArticleChris Griffith Says Amplats Unlikely to Cut Supply
Miningmx reported that Chris Griffith, CEO of Anglo American Platinum (JSE:AMS) has said that major platinum supply cuts are unlikely. As quoted in the publication: A VIEW doing the rounds is that...
View Article
