NOTE: TEDMAG.com provides the above prices for your information only. Do not use the above data to trade commodities. TEDMAG has made every effort to obtain accurate prices from responsible public sources, but these prices may not reflect actual transactions or prices available to you if you seek to trade.

Additional Commodities Information

With all the European hysteria over recent weeks & months, did you have an idea that – in the foreign exchange markets – the Dollar-Euro rate (illustrated above)...was headed pretty much to the place that it started 2011? Below, something completely different (and a bit closer to home) – the Dollar’s price moves graphed against the Mexican Peso. Charts created at www.barchart.com.

Sources:

AAA = Fuel Gauge report, updated daily – www.fuelgaugereport.com; see also www.aaa.com
DOE Energy Assurance Daily: www.oe.netl.doe.gov/ead.aspx
Kitco = www.kitco.com, www.kitcometals.com
LME = London Metal Exchange = www.metalprices.com; www.metalprices.com/pl.asp

Marc Faber, who offers the monthly newsletter, the Gloom, Boom & Doom Report, is often seen on financial cable TV. In a recent segment on BloombergTV, Faber says, “When you have an economy like China that becomes so big so quickly, you can have a more meaningful setback. If the U.S. economy grows at 3% or contracts that 3%, it has no impact on the price of copper to speak of…In the case of China, whether the economy grows at 10% or 5% as a huge impact on the demand for iron ore and copper and aluminum, steel and coal...

Read the full story 

NOTE: TEDMAG.com provides the above prices for your information only. Do not use the above data to trade commodities. TEDMAG has made every effort to obtain accurate prices from responsible public sources, but these prices may not reflect actual transactions or prices available to you if you seek to trade.

Additional Commodities Information

Above: 3-year chart of Crude Oil futures prices shows a steady uptrend. Below: Gasoline prices, same basis, same time period. Do these commodities seem to be moving in different directions lately? Charts created at www.barchart.com.

Sources:

AAA = Fuel Gauge report, updated daily – www.fuelgaugereport.com; see also www.aaa.com
DOE Energy Assurance Daily: www.oe.netl.doe.gov/ead.aspx
Kitco = www.kitco.com, www.kitcometals.com
LME = London Metal Exchange = www.metalprices.com; www.metalprices.com/pl.asp

Copper Futures Rise Most in a Week as Europe Takes Steps to Stem Debt Woes
Copper rose the most in more than a week after European leaders agreed to increase a rescue fund and tighten budget rules to stem the region’s debt crisis...

Copper Stockpiles in Shanghai Rise From Two-Year Low
Copper stockpiles monitored by the Shanghai Futures Exchange rebounded from the lowest level since July 2009, bourse data showed today...

Copper Extends Weekly Fall as China Industrial Output Slows
Copper extended a weekly decline as industrial production in the world’s largest commodity consumer slowed to the lowest level in more than two years...

Copper Rises as Europe Boosts Rescue Fund, Tightens Budget Rules
Copper rose the most in more than a week after European leaders agreed to increase a rescue fund and tighten budget rules to stem the region’s debt crisis...

Copper steady, cautious ahead of EU summit
Copper steadied in cautious trade on Thursday, ahead of a European Union summit later this week which is expected to confront Europe's debt crisis which has threatened to crimp economic growth and demand for base metals...

Factors behind the Preference of Copper Wire
Now let us discuss the reasons why copper has become so widely preferred among the wire producing sectors. In the first place, the metal is very ductile...

MCX Copper Tips for Today: Updates and Outloook
Prices may come under pressure amid fading hopes that EU leaders may come up with bolder steps to stem debt crisis in the region...

New zinc mine in Northwest Territories crosses environmental hurdle
Canadian Zinc Corporation (TSE:CZN) said Friday that its Prairie Creek Mine has cleared an environmental review by the Mackenzie Valley Environmental Impact Review Board...

Analysts Mixed On Gold Next Week; Technical Factors Cited Both Ways
Gold futures are roughly in the middle of their trading range from recent months, and as the consolidation continues, analysts are mixed on which way they think the metal is likely to chop in next week’s trading...

Gold Traders Most Bullish in Month on Debt Crisis
Gold traders are more bullish as investors buy metal at the fastest pace in a year to protect their wealth from Europe’s escalating debt crisis...

HSBC Sues MF Global Over $850,000 of Gold
An HSBC Holdings Plc (HSBA) unit sued the MF Global Inc. brokerage trustee to establish whether he or another person is the rightful owner of gold bars worth about $850,000 and silver bars underlying contracts between the brokerage and a client...

NOTE: TEDMAG.com provides the above prices for your information only. Do not use the above data to trade commodities. TEDMAG has made every effort to obtain accurate prices from responsible public sources, but these prices may not reflect actual transactions or prices available to you if you seek to trade.

Additional Commodities Information

If there's an economic recovery, it clearly has missed the spot market for Aluminum over the past six months, as shown above. On the same hand: Copper's six-month spot-price market graph doesn't look like a boom has arrived, either. Chart obtained at www.kitcometals.com.

Sources:

AAA = Fuel Gauge report, updated daily – www.fuelgaugereport.com; see also www.aaa.com
DOE Energy Assurance Daily: www.oe.netl.doe.gov/ead.aspx
Kitco = www.kitco.com, www.kitcometals.com
LME = London Metal Exchange = www.metalprices.com; www.metalprices.com/pl.asp