It's Not The Cheese That Costs so Much

I admit that I can still be astonished. When I watched '60 Minutes' last night I saw a big surprise report that I was right all along about oil ... the commodities futures market. At the New York Mercantile Exchange, it's traded alongside cotton [more...]

Date: 2009-01-12 19:28:09

Blog posts (8) | Videos (3)
 

Oil Set for Rebound as Record Drop Spurs OPEC Production Cuts

By Grant Smith and Mark Shenk Dec. 30 (Bloomberg) -- Oil futures may rebound from their worst year to average $60 a barrel next year as OPEC makes ... be turning around.” Crude futures averaged $100 this year, the highest since crude began trading on the New York Mercantile Exchange in 1983. Oil plunged along with commodities from copper to corn [more...]

Date: 2008-12-30 00:25:00

Market Mayhem Watch: Fear and Greed

Guido can't resist and is now actively trading once again in financial markets, attracted by the blood on the streets of New York and London ... to financial futures, foreign exchange and commodities rather than individual stocks. Have an aversion [more...]

Date: 2008-09-22 08:29:41

Give me the physical, not the paper

#fullpost{display:inline;}Ambrose Evans Pritchard over at the Telegraph has filed this report (hat tip Domus) ... their stockbroker to buy shares of one of the many gold ETFs or some commodity futures contract ... ," he said, referring to exchange trade funds listed in London, New York, and other bourses [more...]

Date: 2009-01-09 19:44:00

Oil's Well That Ends Well

Well, no shit Sherlock speculation drove up the price of oil to obscene levels, as did the nonsense of "peak oil ... the commodities futures market. At the New York Mercantile Exchange, it's traded alongside cotton [more...]

Date: 2009-01-12 02:34:00

Stocks, commodities surge

The stock market rally from the October low proved short-lived. The rally from the November low is proving stronger, especially after Monday's gains ... in commodities. General Motors Corp. jumped 21 percent as lawmakers agreed in principle with the White House ... percent, to settle at $43.71 a barrel on the New York Mercantile Exchange...Copper futures [more...]

Date: 2008-12-09 00:12:00

Asia Sentinel: Challenging Year Ahead For Malaysia

Asia Sentinel: Challenging Year Ahead For Malaysia Written by Jed Yoong Wednesday, ... economy, with sharply reduced commodity prices and sluggish demand amid a banking and credit apocalypse ... , Western Digital, a hard-drive manufacturer listed on the New York Stock Exchange, announced just before [more...]

Date: 2009-01-07 10:50:32

Crude Oil Rises After Israeli Attacks

Crude oil rose a second day in New York after Israeli air strikes in the Gaza strip killed more than 285 people, ... commodities as a haven. Oil gained as much as 3.9 percent as Israel called up reservists after two days ... , to $39.70 a barrel on London’s ICE Futures Europe exchange. The contract gained 4.8 percent [more...]

Date: 2008-12-29 02:15:00

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