Tag: spot-market

Eldorado (NYSE:EGO) Begins Iron Ore Shipments from Vila Nova

Already one of the top gold miners as measured by low costs, Eldorado Gold (NYSE:EGO) has launched its first shipment of iron ore from its Vila Nova Mine in Brazil, which could help lower gold production costs even more for the company.The first shipment included 45,000 tons of lump ore grading approximately 63% Fe, which was sold to the Chinese spot market, according to a press release from the

Continue Reading »

How to Trade Market Bottoms for SP500 & Gold

Filed in Gold Investing, silver by on May 23, 2010 0 Comments

May 23 2010 The stock market topped in April which was expected from analyzing stocks and the indexes. Back in April I posted a few reports explaining how to read the charts to spot market tops. Today’s report is about identifying market bottoms. Market Top Report: Click Here It does not get much more exciting than what

Continue Reading »

Cocoa, in Short Supply, Rises to a 21-Year High

Filed in commodities, South African Gold, Spot Gold by on May 1, 2010 0 Comments

Filed under: Market Matters , Economic Data , Commodities Get ready to pay more for your next chocolate bar. The 2009-2010 cocoa supply shortfall is estimated at 124,000 metric tons, according to Fortis Bank Nederland NV and VM Group. The supply situation is intensified by an increase in grindings, up 3.3% from last year. The London spot market is setting 21-year records. Cocoa for May delivery climbed 0.7% to 2,344 pounds ($3,581 a ton). Forward futures contracts on the ICE exchange show a bullish trend. July cocoa reached $3,242, the highest level since January 29. Continue reading Cocoa, in Short Supply, Rises to a 21-Year High Cocoa, in Short Supply, Rises to a 21-Year High originally appeared on BloggingStocks on Sat, 01 May 2010 13:40:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »