Comments on: Further Twists in the Fate of the Marange Diamonds

By: West Australian

West Australian — Tue, 09 Feb 2010 18:29:55 +0000

Queensland billionaire Clive Palmer has had to back away from claims he had signed a $US60 billion ($A69.38 billion) export coal contract with a Chinese group, saying the price was only an estimate.Mr Palmer, the chairman of Resourcehouse, on Saturday

By: NEWS.com.au

NEWS.com.au — Tue, 09 Feb 2010 18:13:42 +0000

THE share market closed weaker after Macquarie Group disappointed investors and as concerns about Europe’s sovereign debt flowed through to local bank stocks. The benchmark S&P/ASX200 index was down 16.3 points, or 0.36 per cent, at 4505.1 points, while

By: RBC Dain Rauscher

RBC Dain Rauscher — Tue, 09 Feb 2010 17:31:57 +0000

(Adds information, quotes, updates/adds market levels) By Colin Ng and Philip Vahn Of DOW JONES NEWSWIRES SINGAPORE (Dow Jones)–Asian shares were mostly lower Tuesday, with investors in markets like Japan and Australia adopting a cautious approach amid

By: Yahoo! Malaysia

Yahoo! Malaysia — Tue, 09 Feb 2010 17:23:59 +0000

HONG KONG (AFP) – China Power International on Tuesday denied it had signed a 60 billion US dollar deal to buy coal from Australian miner Resourcehouse.

By: CommodityOnline

CommodityOnline — Tue, 09 Feb 2010 16:59:23 +0000

You can get a pretty good feel for how the battle between the inflationists and deflationists is playing out by watching a few key markets such as copper and soybeans but a better picture still remains the Continuous Commodity Index ( I still do not

By: CommodityOnline

CommodityOnline — Tue, 09 Feb 2010 16:58:17 +0000

Gold looks great if you turn the page upside down. Otherwise, one might just stay away for a while until the dust settles. The NYMEX close for gold was $1052.80 while only an hour or two later the Globex electronic trading showed gold at $1065. One might

By: CommodityOnline

CommodityOnline — Tue, 09 Feb 2010 16:43:15 +0000

But as this debt increases so does the risk for investors. For this reason I like gold. Even though we have seen a sell off in gold in the long term the prospects for a higher gold price look very good indeed.

By: CommodityOnline

CommodityOnline — Tue, 09 Feb 2010 15:48:05 +0000

Gold opened at 1055.00 1056.00 in New York. Nonfarm payroll missed expectation however the unemployment rate improved causing the metal to trade erratically as the session began.

By: CommodityOnline

CommodityOnline — Tue, 09 Feb 2010 15:17:13 +0000

The precious metals continue to be linked to the dollar though gold and the PGMs both recovered late on Friday helped by the recovery in US equities.

By: CommodityOnline

CommodityOnline — Tue, 09 Feb 2010 14:26:38 +0000

In fact gold’s daily changes this week � on a rolling one month basis � have been more tightly correlated with stocks than with either the Euro or silver. I’d guess that connection will break one way or other. And it’s hard to imagine a genuine Eur